West Chester, PA 19382 Real Estate Market Report

ZIP Code: 19382
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.

---

Market Metrics

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

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

---

Liquidity & Velocity

---

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.

---

Key Findings

1. The primary market indicator is the median sold price: $649,950, which represents the most reliable signal of current market value; the median listing price: $669,500 sits above recent transaction levels, which suggests seller expectations may outpace final sale outcomes — price momentum is up.

2. Liquidity appears muted: the median days on market: 224 points to slower sales velocity even as the sample shows relatively constrained active supply; this level of time-to-contract may indicate pricing friction between list expectations and closed transactions.

3. Rental demand supports investment fundamentals: the median market rent: $2,200 combined with a rent year-over-year trend: up signals strengthening rental cashflow potential in the near term.

4. Macro headwinds are present—elevated interest rate pressure—which may temper buyer affordability and increase sensitivity to price; despite a hot local market temperature, stakeholders should account for elevated interest rate pressure when pricing or financing transactions.

---

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.

West Chester, PA 19382 Real Estate Market Report

ZIP Code: 19382
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.

---

Market Metrics

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

---

Property Taxes

---

Liquidity & Velocity

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.

---

Key Findings

1. The primary indicator of market value is the median sold price, 270,000, which combined with a median days on market of 316 suggests a representative recent sale price amid slower sales velocity and relatively constrained active supply in the analyzed sample.

2. Price direction is positive: the market is hot with a price year-over-year trend of up, indicating sellers can expect upward pressure on realized prices in the current cycle.

3. Rental conditions are strengthening: the median market rent is 1,995 and the rent year-over-year trend is up, signaling robust rent growth that supports investor interest in SFR and condominium rentals.

4. Pricing density and financing context: the median price per square foot is 252, while interest rate pressure is elevated, which may moderate buyer affordability and could lengthen the time-to-contract despite the hot market temperature.

---

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.