Is East Vincent Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East Vincent Township was a Seller's Market.
Key Takeaway
East Vincent Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in East Vincent Township, PA
How much do homes in East Vincent Township, PA cost?
Median Sold Price
$490,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Vincent Township have sold for 12.7% less than they did a year ago.
Summary: The median home sold price in East Vincent Township was $490,000 in April 2024, down 12.7% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $215K | N/A |
| 3 Bedrooms | $375K | $398.5K | +6.3% |
| 4 Bedrooms | $672K | $575K | -14.4% |
| 5+ Bedrooms | $950K | $759.9K | -20.0% |
Summary: East Vincent 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 did not change, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Cities
| East Pikeland Township | $408.2K | $462.5K | +13.3% |
| West Vincent Township | $710K | $752K | +5.9% |
| East Coventry Township | $395.8K | $400K | +1.0% |
| Spring City | $444.4K | $410K | -7.7% |
| East Vincent Township | $561K | $490K | -12.7% |
Housing Supply in East Vincent Township, PA
How many homes are available in East Vincent Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The East Vincent Township real estate market had 13 homes for sale in April 2024, a 18.2% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The East Vincent 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 100%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Vincent Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in East Vincent Township in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for East Vincent Township, PA
How long does it take to sell a home in East Vincent Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 8 Days | -32.4% |
Summary: Homes in East Vincent Township had an average of 8 days on market in Apr 2024, down by 32.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Vincent Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in East Vincent 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.
