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Chesterbrook, PA 19087 Real Estate Market Report

ZIP Code: 19087
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
51
Active Listings
13
Sold Properties
38

Market Metrics

Median Listing Price
$1,450,000
Median Sold Price
$927,000
Median Price per Sqft
$351/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,310

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.13%

Liquidity & Velocity

Median Days on Market
252
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
flat
Interest Rate Pressure
moderate

Key Findings

  1. The neighborhood's primary market indicator is the median sold price; the representative recent sale level is 927,000, which anchors current market value and reflects concluded transaction activity (representative recent sale).

  2. There is a sizable gap between the median listing price and the median sold price — 1,450,000 (median listing price) versus 927,000 (median sold price) — which may indicate pricing friction and elevated seller expectations relative to recent transactions (friction).

  3. Market temperature is hot and the price year-over-year trend is up, suggesting continued positive momentum; when combined with a relatively constrained active supply in the analyzed sample, this profile appears to support ongoing upward price pressure (up).

  4. Liquidity signals are mixed: the median days on market is 252, which points to slower sales velocity despite a hot market and may reflect a mismatch between asking prices and finalized transactions; interest rate pressure is moderate, which could soften buyer urgency.

  5. Valuation context: the median price per square foot is 351 and the median market rent is 2,310, while rent year-over-year trend is flat, a combination that may limit immediate rental-driven upside for investors.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

319 Louella Ave, Wayne, PA 19087
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds
4 baths
7,543 sqft
$4,750,000
Mar 1, 2026
$630/sqft/sqft
443 Homestead Rd, Wayne, PA 19087
Premium

Sold above market average

4 beds
3 baths
3,492 sqft
$1,800,000
Mar 1, 2026
$515/sqft/sqft
484 King Of Prussia Rd, Radnor, PA 19087
Value

Sold below market average

5 beds
6 baths
6,208 sqft
$1,700,000
Mar 1, 2026
$274/sqft/sqft
189 days on market
332 Mcmull Dr, Wayne, PA 19087
Market Benchmark

Sold at market average

3 beds
1 baths
2,090 sqft
$775,000
Mar 1, 2026
$371/sqft/sqft
1129 Brians Way, Wayne, PA 19087
Value

Sold below market average

3 beds
2 baths
2,362 sqft
$745,000
Mar 1, 2026
$315/sqft/sqft
91 days on market
780 Mancill Rd, Wayne, PA 19087
Value

Sold below market average

4 beds
3 baths
3,626 sqft
$735,000
Mar 1, 2026
$203/sqft/sqft
966 Upper Gulph Rd, Wayne, PA 19087
Value

Sold below market average

4 beds
1 baths
1,298 sqft
$385,000
Apr 1, 2026
$297/sqft/sqft
29 W Second St, Wayne, PA 19087
Value

Sold below market average

3 beds
1 baths
1,440 sqft
$275,000
Mar 1, 2026
$191/sqft/sqft

Chesterbrook, PA 19087 Real Estate Market Report

ZIP Code: 19087
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
42
Active Listings
4
Sold Properties
38

Market Metrics

Median Listing Price
$340,000
Median Sold Price
$380,000
Median Price per Sqft
$300/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,300

Property Taxes

Property Tax Rate
1.14%

Liquidity & Velocity

Median Days on Market
329
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
flat
Interest Rate Pressure
moderate

Key Findings

  1. The primary market indicator, median sold price $380,000, confirms current market value and recent transaction levels; this price point, alongside a hot marketTemperature, suggests sellers retain pricing power in Chesterbrook.

  2. Liquidity appears subdued on a velocity basis: median days on market 329 indicates slower turnover and implies pricing friction despite strong price direction, so expect longer marketing periods for some listings.

  3. Price efficiency remains relatively strong at the transaction level: median price per square foot $300 supports the observed median sold price and indicates sustained per-unit valuation for SFR and condo stock in this ZIP.

  4. Rental movement is muted while broader price trends are positive: median market rent $2,300 with rentYoYTrend flat may limit near-term upside from rental income, and combined with interestRatePressure moderate (moderate), buyers may proceed cautiously even as prices trend up.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

124 Bloomingdale Ave, Radnor, PA 19087
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
3 baths
3,984 sqft
$1,850,000
Feb 1, 2026
$464/sqft/sqft
427 E Lancaster Ave Unit 1202, Wayne, PA 19087
Premium

Sold above market average

2 beds
2 baths
1,820 sqft
$1,350,000
Apr 1, 2026
$742/sqft/sqft
82 days on market
324 Brigade Ct, Chesterbrook, PA 19087
Market Benchmark

Sold at market average

3 beds
2 baths
1,538 sqft
$470,000
Mar 1, 2026
$306/sqft/sqft
910 Mountainview Dr, Chesterbrook, PA 19087
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,722 sqft
$405,000
Mar 1, 2026
$235/sqft/sqft
116 Chase Rd, Chesterbrook, PA 19087
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
2 baths
1,556 sqft
$373,000
Mar 1, 2026
$240/sqft/sqft
92 days on market
42 Drummers Ln, Wayne, PA 19087
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
2 baths
1,200 sqft
$336,500
Apr 1, 2026
$280/sqft/sqft
412 N Wayne Ave Apt 104, Radnor, PA 19087
Market Benchmark

Sold at market average

1 beds
1 baths
680 sqft
$198,000
Feb 1, 2026
$291/sqft/sqft
115 days on market
412 N Wayne Ave Apt 207, Wayne, PA 19087
Market Benchmark

Sold at market average

1 beds
1 baths
680 sqft
$190,000
Mar 1, 2026
$279/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$3,518/mo
19087 Avg Rent
19087 Cost to Own
Rent$2,310
Own$5,828

20% down, 6.5% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

19087 Avg nightly rate
19087 Avg occupancy (days/year)
Nightly rate$161/night
Occupancy185 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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