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 buyer's market

Buyer's
Market

Difference Since Last Month

Last month, West Cocalico Township was a Seller's Market.

Key Takeaway

West Cocalico Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Cocalico Township, PA

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

Median Sold Price

$327,500

$233/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$157,500(-32.5%)

Key Takeaway

Homes in West Cocalico Township have sold for 32.5% less than they did a month ago.

Summary: The median home sold price in West Cocalico Township was $327,500 in February 2024, down 32.5% from last month, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $485K$235K
-51.5%
3 $375K-
N/A
4 $515K$420K
-18.4%
5+ --
N/A

Summary: West Cocalico Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

East Cocalico Township
-3.4%
West Cocalico Township
-32.5%

Housing Supply in West Cocalico Township, PA

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

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1716-5.9%

Summary: The West Cocalico Township real estate market had 16 homes for sale in February 2024, a 5.9% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 77
0.0%
4 77
0.0%
5+ 11
0.0%

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

Number of Homes Sold

Jan 2024Feb 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were 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. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in West Cocalico Township in February 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Jan 2024Feb 2024CHANGE
19 Days30 Days+57.9%

Summary: Homes in West Cocalico Township had an average of 30 days on market in Feb 2024, up by 57.9% compared to last month.

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

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 February 2024, 2 homes were sold in West Cocalico 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.

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

Report Updated 27 Days Ago

Newest Listings in West Cocalico Township, PA

Nearby Markets to West Cocalico Township, PA

What housing markets are near West Cocalico Township, PA?