West Chester, PA Home Values & Market Trends

Real estate market trends reflect that there have been 1,155 transactions over the past year in West Chester. The median value for residential home transactions that occurred over the previous year is $589,553.64. The number of current listings in West Chester is 67, and the percentage of properties for sale in the city is 67.00%. West Chester, PA currently has 30 properties in foreclosure, 0 bank owned properties, 29 properties headed for auction, and 67 properties for sale.

West Chester, PA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
19382

$ 559,900

$ 243/sqft

19383

$ --

$ --

19380

$ 575,000

$ 252/sqft

Housing Market Summary for West Chester, PA

Apr 2023March 2024Change
Median Listing Price$535K$538.1K0.58%
Median Sold Price$507.5K$538.1K6.04%
Homes For Sale4947-4.08%
Homes Sold496436-12.10%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in West Chester, PA

West Chester home values range from $45,587 to $10,800,000. The median estimated value of a home in West Chester is $589,553.64. The median list price of a home is 575,000, and the total count of properties in the city is 33,003.

Foreclosure
There are 3 zips within West Chester, PA; within these zips, the median estimated home value for homes in foreclosure ranges from $961,662 in 19382 to the lowest value of $166,695 in 19382. Foreclosure homes account for 0.00% of properties in West Chester, PA with 19382 containing 16 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.00% of all residential properties in West Chester, PA with 19382 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within West Chester, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $229,117 in 19382 to the lowest home value of $229,117 in 19382.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in West Chester, PA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in West Chester, PA. There are 3 zips within West Chester, PA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    19382 has 15 auction properties, the highest number of properties going to auction in a single zip in the state of West Chester, PA. Auction homes and other auction properties account for 0.09% of all properties in West Chester, PA. There are 3 zips within West Chester, PA; of those zips, the median estimated home value for homes going to auction ranges from $1,463,117 in 19380 to the lowest value of $166,695 in 19380.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.20% of residential properties in West Chester, PA with 19382 containing 35 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within West Chester, PA; homes for sale in those zips, have a range of median values from $10,716,559 in 19380 to the lowest value of $197,502 in 19382.
    Sold Homes
    The median value for recently sold homes ranges from $2,405,280 in 19380 to the lowest price of $98,160 in 19380. There are 3 zips within West Chester, PA. 19380 has 299 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.69% of properties in West Chester, PA.

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      Guide for West Chester, PA

      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes West Chester, PA

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