Real Estate Market Update for 19380 (West Chester, PA)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 13% from one year earlier, and up 1% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 400-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 15%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 350-thousand dollars. The number of units sold decreased 5% year-over-year, and increased 78% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 19380 (West Chester, PA)
Area Information for 19380 (West Chester, PA)
  • Population: 49,851
  • Median Age: 40.32 yr
  • Median Commute Time: 21.1 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 1,580/sq mi
  • Population Change Since 2000: 8.51%
  • Closest Airport: Philadelphia International
  • Closest College: West Chester University Of Pennsylvania
  • Closest Jr. College: Delaware County Community College
  • Median Household Income: $85,847
  • Annual Residential Turnover: 14.92%
  • Median Years in Residence: 4.11 yr
  • Median Home Sales Price: $315,000
  • Closest Major Sports Team: Eagles
  • Change Avg. Household Income Since 2000: 26%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 19380 (West Chester, PA)
Median Age: 40.32 Married: 40% Number of Households: 19,707 Households with Children: 6,041
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 19380 (West Chester, PA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Kesher Israel Preschool And Kindergarten 0.7 mi Private PRESCHOOL-K 0 0
      E N Peirce Middle School 1.1 mi Public 6-8 5 4
      Fern Hill Elementary School 1.3 mi Public K-5 5 5
      West Chester Henderson High School 1.3 mi Public 9-12 4-5 4
      Chesterbrook Academy 1.3 mi Private PRESCHOOL-5 0 5
      West Chester Friends School 1.4 mi Private PRESCHOOL-5 0 5
      Chester County Family Academy Cs 1.5 mi Public K-2 0 5
      St. Agnes Catholic School 1.7 mi Catholic PRESCHOOL-8 0 5
      Discovery School & Camp 1.7 mi Private PRESCHOOL-K 0 0
      Kanner Learning Center 1.8 mi Private UNGRADE-UNGRADE 0 0
      Old Paths Baptist Academy 1.8 mi Private K-12 0 0
      Sankofa Academy Cs 1.9 mi Public 5-11 0 0
      East Bradford Elementary School 2.0 mi Public K-5 5 0
      West Chester Christian School 2.1 mi Private K-12 0 4
      Sts. Peter & Paul School 2.1 mi Catholic PRESCHOOL-8 0 5
      Mary C Howse Elementary School 2.3 mi Public K-5 5 5
      J R Fugett Middle School 2.4 mi Public 6-8 4-5 3
      West Chester East High School 2.5 mi Public 9-12 4 4
      Pennsylvania Leadership Cs 2.8 mi Public K-12 2 5
      East Goshen Elementary School 3.5 mi Public K-5 4 5
      Goshen Friends School 3.5 mi Private PRESCHOOL-5 0 4
      The Goddard School 4.3 mi Private PRESCHOOL-K 0 0
      Goddard School 4.3 mi Private PRESCHOOL-PRESCHOOL 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 19380 (West Chester, PA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.