Real Estate Market Update for Chadds Ford, PA

Video: Real Estate Community Tour for Chadds Ford, PA

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Welcome to March's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was stable from one year earlier, and up 4% from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just over 610-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 125%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 260-thousand dollars. The number of units sold increased 50% year-over-year, and held steady month-over-month. These latest figures are encouraging news for both buyers and sellers, indicating a positive trend in the marketplace. 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.
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Map Information for Chadds Ford, PA
Area Information for Chadds Ford, PA
  • Population: 10,749
  • Median Age: 43.76 yr
  • Median Commute Time: 24.37 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 509/sq mi
  • Population Change Since 2000: 25.22%
  • Closest Airport: Philadelphia International
  • Closest College: Widener University-delaware Campus
  • Closest Jr. College: Delaware College Of Art And Design
  • Median Household Income: $112,409
  • Annual Residential Turnover: 12.73%
  • Median Years in Residence: 4.11 yr
  • Median Home Sales Price: $405,000
  • Closest Major Sports Team: Philadelphia Flyers
  • Change Avg. Household Income Since 2000: 26%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Chadds Ford, PA
Median Age: 43.76 Married: 47% Number of Households: 4,062 Households with Children: 1,458
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 Chadds Ford, PA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Hillendale El School 0.6 mi Public K-5 5 5
      Chadds Ford El School 1.9 mi Public PRESCHOOL-5 4-5 5
      St Cornelius School 3.9 mi Catholic PRESCHOOL-8 0 4
      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 © 2015
      Local Weather for Chadds Ford, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.