Is Lower Chichester 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, Lower Chichester Township has remained a Seller's Market.
Housing Prices in Lower Chichester Township, PA
How much do homes in Lower Chichester Township, PA cost?
Median Sold Price
$183,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lower Chichester Township was $183,000 in April 2024, up 21.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $185K | $189.5K | +2.4% |
3 Bedrooms | $145K | $167.5K | +15.5% |
4 Bedrooms | $175K | $230K | +31.4% |
5+ Bedrooms | - | $310K | N/A |
Summary: Lower Chichester 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 increased by 2.4%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lower Chichester Township | $151K | $183K | +21.2% |
Upper Chichester Township | $310K | $338.5K | +9.2% |
Claymont | $315K | $335K | +6.3% |
Marcus Hook | $175K | $185K | +5.7% |
Trainer | $192K | $195K | +1.6% |
Housing Supply in Lower Chichester Township, PA
How many homes are available in Lower Chichester Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Summary: The Lower Chichester Township real estate market had 13 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lower Chichester 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 decreased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lower Chichester Township in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Lower Chichester Township, PA
How long does it take to sell a home in Lower Chichester Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 10 Days | -77.3% |
Summary: Homes in Lower Chichester Township had an average of 10 days on market in Apr 2024, down by 77.3% compared to last year.
Breakdown of Home Sale Times
5 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, 5 homes were sold in Lower Chichester 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.