Is Chester Heights, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chester Heights is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Chester Heights was a Neutral Market.

Key Takeaway

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

Housing Prices in Chester Heights, PA

How much do homes in Chester Heights, PA cost?

Median Sold Price

$355,950

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$3,200(+0.9%)

Key Takeaway

Homes in Chester Heights have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Chester Heights was $355,950 in April 2024, up 0.9% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$230K
N/A
2 $315K$328K
+4.1%
3 $430.9K$420K
-2.5%
4 $629.9K$633.5K
+0.6%
5+ $1.0M$650K
-40.2%

Summary: Chester Heights 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 increased by 4.1%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 40.2%.

Median Sold Price Compared To Nearby Cities

Glen Mills
+5.8%
Aston
+3.1%
Chester Heights
+0.9%
Aston Township
-0.8%
Middletown Township
-9.2%

Housing Supply in Chester Heights, PA

How many homes are available in Chester Heights, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
12120.0%

Summary: The Chester Heights real estate market had 12 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 56
+20.0%
4 10
-100.0%
5+ 02
+100.0%

Summary: The Chester Heights 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 decreased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chester Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Chester Heights in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Chester Heights, PA

How long does it take to sell a home in Chester Heights, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
7 Days3 Days-46.4%

Summary: Homes in Chester Heights had an average of 3 days on market in Apr 2024, down by 46.4% compared to last year.

Breakdown of Home Sale Times

4 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 Chester Heights are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Chester Heights; 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 17 Days Ago

Newest Listings in Chester Heights, PA

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