Is Pottstown, 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, Pottstown has remained a Seller's Market.
Housing Prices in Pottstown, PA
How much do homes in Pottstown, PA cost?
Median Sold Price
$306,750
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pottstown was $306,750 in April 2024, up 33.4% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.4K | $85K | +17.3% |
2 Bedrooms | $170K | $200K | +17.6% |
3 Bedrooms | $222.9K | $294.3K | +32.0% |
4 Bedrooms | $250K | $380K | +52.0% |
5+ Bedrooms | $258K | $405K | +57.0% |
Summary: Pottstown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 52%, and 5+ bedroom homes increased by 57%.
Median Sold Price Compared To Nearby Cities
Pottstown | $230K | $306.7K | +33.4% |
West Pottsgrove Township | $220K | $266.5K | +21.1% |
Pottstown | $270K | $305.8K | +13.3% |
Upper Pottsgrove Township | $341K | $370K | +8.5% |
Lower Pottsgrove Township | $350K | $337.5K | -3.6% |
Housing Supply in Pottstown, PA
How many homes are available in Pottstown, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
173 | 182 | +5.2% |
Summary: The Pottstown real estate market had 182 homes for sale in April 2024, a 5.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 85 | 82 | -3.5% |
4 Bedrooms | 63 | 71 | +12.7% |
5+ Bedrooms | 10 | 15 | +50.0% |
Summary: The Pottstown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 46 | -14.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in Pottstown in April 2024, down by 14.8% month-over-month. Of the 46 sold homes, 20% were sold under asking, 28% were sold at asking, and 52% were sold over asking.
Days on Market for Pottstown, PA
How long does it take to sell a home in Pottstown, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 15 Days | -31.4% |
Summary: Homes in Pottstown had an average of 15 days on market in Apr 2024, down by 31.4% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 46 homes were sold in Pottstown; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.