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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Cocalico Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, West Cocalico Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Cocalico Township, PA

How much do homes in West Cocalico Township, PA cost?

Median Sold Price

$386,000

$188/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$219,000(-36.2%)

Key Takeaway

Homes in West Cocalico Township have sold for 36.2% less than they did a month ago.

Summary: The median home sold price in West Cocalico Township was $386,000 in September 2024, down 36.2% from last month, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $480K$386K
-19.6%
4 $730K-
N/A
5+ --
N/A

Summary: West Cocalico Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in West Cocalico Township, PA

How many homes are available in West Cocalico Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
912+33.3%

Summary: The West Cocalico Township real estate market had 12 homes for sale in September 2024, a 33.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 69
+50.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The West Cocalico Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Cocalico Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in West Cocalico Township in September 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for West Cocalico Township, PA

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

Average Sale Time

Aug 2024Sep 2024CHANGE
115 Days7 Days-93.9%

Summary: Homes in West Cocalico Township had an average of 7 days on market in Sep 2024, down by 93.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 3 homes were sold in West Cocalico Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in West Cocalico Township, PA

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