Is Valley Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Valley Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Valley Township has remained a Seller's Market.

Key Takeaway

Valley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Valley Township, PA

How much do homes in Valley Township, PA cost?

Median Sold Price

$319,005

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,405(+2.7%)

Key Takeaway

Homes in Valley Township have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Valley Township was $319,005 in November 2024, up 2.7% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $373K$365K
-2.1%
3 $275K$305K
+10.9%
4 $385K$415K
+7.8%
5+ $281.5K-
N/A

Summary: Valley Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

West Caln Township
+7.9%
Coatesville
+7.7%
West Brandywine Township
+5.7%
Valley Township
+2.7%

Housing Supply in Valley Township, PA

How many homes are available in Valley Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2931+6.9%

Summary: The Valley Township real estate market had 31 homes for sale in November 2024, a 6.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 1117
+54.5%
4 97
-22.2%
5+ 10
-100.0%

Summary: The Valley Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 54.5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Valley Township, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Valley Township in November 2024, up by 37.5% month-over-month. Of the 11 sold homes, 18% were sold under asking, 27% were sold at asking, and 55% were sold over asking.

Days on Market for Valley Township, PA

How long does it take to sell a home in Valley Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days47 Days+76.4%

Summary: Homes in Valley Township had an average of 47 days on market in Nov 2024, up by 76.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Valley Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Valley Township; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Valley Township, PA

Nearby Markets to Valley Township, PA

What housing markets are near Valley Township, PA?