Is 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
Since last year, Caln Township has remained a Seller's Market.
Housing Prices in Caln Township, PA
How much do homes in Caln Township, PA cost?
Median Sold Price
$362,500
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Caln Township was $362,500 in April 2024, down 4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $413.5K | $398.7K | -3.6% |
3 Bedrooms | $305K | $327.4K | +7.4% |
4 Bedrooms | $460K | $447.4K | -2.7% |
5+ Bedrooms | $508.9K | $425K | -16.5% |
Summary: Caln Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Cities
Downingtown | $445.5K | $520.4K | +16.8% |
Thorndale | $357K | $393K | +10.1% |
East Brandywine Township | $531.3K | $550K | +3.5% |
Caln Township | $377.7K | $362.5K | -4.0% |
East Caln Township | $463.5K | $408K | -12.0% |
Housing Supply in Caln Township, PA
How many homes are available in Caln Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 40 | +90.5% |
Summary: The Caln Township real estate market had 40 homes for sale in April 2024, a 90.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 17 | 25 | +47.1% |
4 Bedrooms | 3 | 12 | +300.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Caln Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 47.1%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Caln Township in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 0% were sold at asking, and 89% were sold over asking.
Days on Market for Caln Township, PA
How long does it take to sell a home in Caln Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 5 Days | -43.5% |
Summary: Homes in Caln Township had an average of 5 days on market in Apr 2024, down by 43.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Caln 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.