Is West Caln Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Caln Township was a Seller's Market.
Key Takeaway
West Caln Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Caln Township, PA
How much do homes in West Caln Township, PA cost?
Median Sold Price
$385,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Caln Township have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in West Caln Township was $385,000 in April 2024, up 2.7% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $216K | $329.5K | +52.5% |
| 2 Bedrooms | $320K | $284.5K | -11.1% |
| 3 Bedrooms | $343.5K | $367.5K | +7.0% |
| 4 Bedrooms | $422K | $426.4K | +1.1% |
| 5+ Bedrooms | $426.5K | $508.7K | +19.3% |
Summary: West Caln Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.5%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Cities
| Valley Township | $262.5K | $305K | +16.2% |
| Coatesville | $295K | $334.9K | +13.5% |
| Sadsbury Township | $326.8K | $338.1K | +3.4% |
| West Caln Township | $375K | $385K | +2.7% |
| West Brandywine Township | $440K | $425K | -3.4% |
Housing Supply in West Caln Township, PA
How many homes are available in West Caln Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The West Caln Township real estate market had 17 homes for sale in April 2024, a 21.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The West Caln Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 80%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Caln Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in West Caln Township in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for West Caln Township, PA
How long does it take to sell a home in West Caln Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 47 Days | +493.8% |
Summary: Homes in West Caln Township had an average of 47 days on market in Apr 2024, up by 493.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Caln Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in West Caln Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
