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


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RE/MAX Hometown Realtors
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Artisan Realty
Snapped 7 homes in this area
Daniel Beirne
Snapped 9 homes in this area

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