Real Estate Market Update for West Chester, PA
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Welcome to our monthly "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 down 32% from one year earlier and up 8% 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 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 8% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was 310-thousand dollars. Overall, The number of units sold Decreased 11% year-over-year and Increased 26% 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 West Chester, PA
Area Information for West Chester, PA
  • Population: 20,891
  • Median Age: 40.31 yr
  • Median Commute Time: 16.16 mins
  • Educational Climate*: 3
  • Recycling Likelihood**: 122
  • Sales Tax: 6%
  • Population Density: 11,317/sq mi
  • Population Change Since 2000: 17%
  • Closest Airport: New Castle
  • Closest College: West Chester University Of Pa
  • Closest Jr. College: Pa State Univ Delaware City
  • Median Household Income: $44,493
  • Annual Residential Turnover: 24.74%
  • Median Years in Residence: 2.45 yr
  • Median Home Sales Price: $255,000
  • Closest Major Sports Team: Wilmington Blue Rocks (a)
  • Change Avg. Household Income Since 2000: 18%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for West Chester, PA
Median Age: 40.31 Married: 17% Number of Households: 6,483 Households with Children: 1,264
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 West Chester, PA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Chester County Family Academy Cs 0.5 mi Public K - 3 0 5
      St Agnes School 0.5 mi Catholic K - 8 0 5
      Sankofa Academy Charter School 0.6 mi State K - 12 0 0
      West Chester Friends School 0.6 mi Private K - 5 0 5
      B Reed Henderson High School 0.8 mi Public 9 - 12 5 4
      Hillsdale Elementary School 0.9 mi Public K - 5 4-5 5
      Fern Hill Elementary School 1.4 mi Public K - 5 4 5
      Sarah Starkweather Elementary School 1.9 mi Public K - 5 4-5 4
      G A Stetson Middle School 2.0 mi Public 5 - 8 4-5 4
      Glen Acres Elementary School 2.1 mi Public K - 5 4 5
      St Maxmillan Kolbe School 2.1 mi Catholic K - 8 0 0
      West Chester Christian School 2.4 mi Private K - 12 0 4
      East Bradford Elementary School 2.4 mi Public K - 5 4 0
      East High School 2.5 mi Public 9 - 12 4-5 4
      J R Fugett Middle School 2.5 mi Public 5 - 8 4-5 3
      Westtown - Thornbury Elementary School 2.7 mi Public K - 5 5 5
      Bayard Rustin High School 3.0 mi Public 9 - 12 4-5 4
      Chesterbrook Academy Elementary School 3.0 mi Private K - 5 0 5
      E N Peirce Middle School 3.0 mi Public 5 - 8 4-5 4
      Pennsylvania Leadership Cs 3.2 mi State K - 12 0 0
      Ss Peter & Paul School 3.4 mi Catholic K - 8 0 0
      Devereux - Leo Kanner Center 3.7 mi Private SPECIAL EDUCATION 0 0
      Penn Wood Elementary School 3.9 mi Public K - 5 5 5
      East Goshen Elementary School 3.9 mi Public K - 5 4 5
      Mary C Howse Elementary School 3.9 mi Public K - 5 4-5 5
      Pocopson Elementary School 4.0 mi Public K - 5 5 5
      Ss Simon & Jude School 4.2 mi Catholic K - 8 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 © 2010
      Local Weather for West Chester, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 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.