Single-Family Homes
Thu Apr 03 2025
This week the median list price for Pottstown, PA is $402,500 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has decreased to 42.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
Median List Price | $402,500 | |
Median Price of New Listings | $624,900 | |
Per Square Foot | $242 | |
Average Days on Market | 86 | |
Median Days on Market | 60 | |
Price Decreased | 38% | |
Price Increased | 12% | |
Relisted | 14% | |
Inventory | 42 | |
Median Rent | ||
Market Action | 54 | |
Strong Seller's Market |
We’re seeing fairly unusual market conditions as prices have been in a downward trend but price per square foot is actually increasing. (Buyers are paying less and getting less home for their money.) Anomalies like these can be attributed to micro-location variables.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$712,450 | 2,749 | 2.5 - 5 acres | 4 | 3.3 | 28 | 3 | 3 | 87 |
$483,140 | 2,154 | 0.25 - 0.5 acre | 4 | 2.5 | 34 | 1 | 2 | 77 |
$350,000 | 1,802 | 8,000 - 10,000 sqft | 3 | 1.5 | 66 | 0 | 1 | 56 |
$265,000 | 1,204 | 4,500 - 6,500 sqft | 3 | 1 | 100 | 1 | 2 | 21 |