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 June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 4% from one year earlier, and up 22% 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 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 13%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 330-thousand dollars. The number of units sold decreased 4% year-over-year, and increased 13% 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.
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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 School Rating Parent Rating
      Copeland Run Academy 1.0 mi Private PRESCHOOL-K 0 0
      Downington Middle School 1.0 mi Public 7-8 5 0
      Downingtown High School West Campus 1.2 mi Public 9-12 4 3
      Caln Elementary School 1.3 mi Public K-5 1 0
      Beaver Creek Elementary School 1.3 mi Public K-5 4 4
      St Joseph School 1.3 mi Catholic PRESCHOOL-8 0 0
      Downingtown Stem Academy 1.3 mi Public 9-12 5 2
      Step By Step Childrens House 1.7 mi Private PRESCHOOL-K 0 0
      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 3 4
      Brandywine Wallace Elementary School 2.0 mi Public K-5 5 0
      Creative Kids Learning Center 2.0 mi Private K-K 0 0
      Mission For Educating Children With Autism 2.0 mi Private UNGRADE-UNGRADE 0 0
      Bradford Hgts El School 2.3 mi Public K-5 4 0
      East Ward Elementary School 2.4 mi Public K-5 4 0
      Step By Step Childrens House - Blackhawk Center 2.5 mi Private PRESCHOOL-K 0 0
      West Bradford Elementary School 2.8 mi Public K-5 5 0
      Bishop Shanahan High School 2.9 mi Catholic 9-12 0 4
      Chester Co Technical College High School - Brandywine 3.0 mi Public 9-12 0 0
      Just Children 3.3 mi Private PRESCHOOL-PRESCHOOL 0 0
      Devereux Day School 3.3 mi Private 2-12 0 0
      Uwchlan Hills Elementary School 3.5 mi Public K-5 5 0
      Marsh Creek Sixth Grade Center 3.8 mi Public 6-6 0 0
      Shamona Creek Elementary School 3.8 mi Public K-5 5 0
      Lionville Elementary School 4.6 mi Public K-5 5 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: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Downingtown, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.