Real Estate Market Update for Downingtown, PA

Video: Real Estate Community Tour for Downingtown, PA

See Real estate community tour for Downingtown, PA
Welcome to January's Market Update. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 21% from one year earlier, and down 18% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 350-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 8%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 330-thousand dollars. The number of units sold decreased 23% year-over-year, and decreased 19% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
Show Transcript
Map Information for Downingtown, PA
Area Information for Downingtown, PA
  • Population: 48,288
  • Median Age: 40.3 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,135/sq mi
  • Population Change Since 2000: 20.18%
  • Closest Airport: New Castle
  • Closest College: West Chester University Of Pennsylvania
  • Closest Jr. College: Itt Technical Institute
  • Median Household Income: $93,246
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $316,777
  • Closest Major Sports Team: Wilmington Blue Rocks (a)
  • Change Avg. Household Income Since 2000: 34.29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Downingtown, PA
Median Age: 40.3 Married: 49% Number of Households: 17,767 Households with Children: 6,445
    • 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 Downingtown, PA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Copeland Run Academy 1.0 mi Private PRESCHOOL-K 0 0
      Downington Middle School 1.0 mi Public 7-8 4-5 4
      Downingtown High School West Campus 1.2 mi Public 9-12 4-5 4
      Caln El School 1.3 mi Public K-5 2 3
      Beaver Creek El School 1.3 mi Public K-5 4 4
      St Joseph School 1.3 mi Catholic PRESCHOOL-8 0 5
      Downingtown Stem Academy 1.3 mi Public 9-11 0 0
      Step By Step Childrens House 1.7 mi Private PRESCHOOL-K 0 5
      Lori Petrie's Pre School Ltd 1.7 mi Private PRESCHOOL-K 0 0
      Regina Lumenis Academy 1.8 mi Catholic K-12 0 0
      21st Century Cyber Cs 1.9 mi Public 6-12 2-5 4
      Mission For Educating Children With Autism 2.0 mi Private UNGRADE-UNGRADE 0 0
      Brandywine-wallace El School 2.1 mi Public K-5 4-5 5
      Creative Kids Learning Center 2.1 mi Private K-K 0 0
      Bradford Hgts El School 2.3 mi Public K-5 5 4
      East Ward El School 2.3 mi Public K-5 4 4
      Step By Step Childrens House - Blackhawk Center 2.5 mi Private PRESCHOOL-K 0 0
      West Bradford El School 2.9 mi Public K-5 4 4
      Bishop Shanahan High School 2.9 mi Catholic 9-12 0 3
      Just Children 3.1 mi Private PRESCHOOL-K 0 0
      Tchs Brandywine Campus 3.1 mi Public 9-12 0 0
      Devereux Day School 3.3 mi Private 2-12 0 3
      Uwchlan Hills El School 3.5 mi Public K-5 4-5 4
      Shamona Creek El School 3.8 mi Public K-5 4-5 4
      Lionville El School 4.4 mi Public K-5 4 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: and Onboard Informatics © 2015
      Local Weather for Downingtown, 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.