West Chester First-Time Homebuyer Report for October

West Chester has a much older population than other areas in Pennsylvania with a median age of 24 years. It is also affluent with a median income of $48,047 per household. Condos and townhouses account for 31% of the area's current housing market. The top school in the city is Pocopson Elementary School.

Price Range

The median value of homes in West Chester is $255,300, making it one of the most valuable areas in Pennsylvania. At the same time, the average list price of available homes is presently $333,176. Over the last 30 days, the West Chester market showed signs of life with seven homes sold, a 40.0% increase from last week's report.

Make sure you take a look at these eye-catching homes in West Chester that generated the most views from potential buyers:

$680K   $284K   $450K  

Typical Dwelling

The typical dwelling in West Chester is a three-bedroom townhouse worth about $314,359. To purchase a similar home, a buyer with good credit and a $62,872 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,963 monthly payment. The property tax rate is $15.02 per $1,000 of taxable assessed value.

Get started right now by checking out West Chester homes for sale or reviewing West Chester real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
RE/MAX Hometown Realtors
10 reviews
Artisan Realty
Snapped 7 homes in this area
Daniel Beirne
Snapped 9 homes in this area

Agents that specialize in this area
18 snaps in this area
54 snaps in this area
4 snaps in this area
3 snaps in this area
8 snaps in this area
7 snaps in this area
4 snaps in this area
2 snaps in this area
5 snaps in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.