West Chester, PA 19382 Real Estate Market Report

ZIP Code: 19382
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in West Chester, PA (ZIP: 19382) stands at $650,000, reflecting a competitive market environment. The neighborhood has increased 15% since 2023, indicating a strong upward trend in property values. Despite this appreciation, the market is experiencing elevated inventory levels, suggesting a shift towards a more balanced state. The current median listing price is $762,500, which may indicate pricing friction as sellers adjust expectations to align with market realities.

Transaction activity remains moderate, with a median of 212 days on market, signaling slower sales velocity. This extended timeframe may suggest that buyers are taking more time to evaluate their options amidst the elevated inventory. Overall, the market temperature is categorized as hot, driven by solid demand, particularly for entry-level and mid-priced homes, while rental demand continues to rise with a median market rent of $2,150.

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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.

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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.

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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.

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Property Taxes

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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.

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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.

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Key Findings

1. The median sold price of $650,000 indicates a strong appreciation trend in the market.

2. With 212 days on market, properties are experiencing slower sales velocity, suggesting buyers are cautious in their decision-making.

3. The median listing price of $762,500 reflects potential pricing friction as sellers adjust to market conditions.

4. Elevated inventory levels may lead to a more balanced market, with excess supply relative to sales activity.

5. The median market rent of $2,150 shows strong rental demand, indicating a healthy rental market.

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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.