WEST CHESTER, PA — Chester County’s housing market remained one of Pennsylvania’s most competitive in May, with median home prices hovering between $551,745 and $570,000 and sellers continuing to command prices at or above asking levels despite signs of moderation elsewhere in the state.
Data from Redfin showed the county’s median sales price reached $551,745 in May, up 0.3% from a year earlier. Local brokerage data compiled by Long & Foster placed the median closed sales price at $570,000, representing a 1% increase from both April and May 2025.
The market’s resilience continues to be driven by limited inventory and strong demand, with homes selling for roughly 100% to 103% of their listing prices, reinforcing Chester County’s status as a seller’s market.
Pricing, however, varies widely across the county.
Communities along the Main Line and eastern Chester County continue to command some of the region’s highest prices, with median listing prices reaching $829,900 in Malvern and $800,000 in Tredyffrin Township. West Chester posted a median listing price of $700,000.
Mid-market communities such as West Bradford Township, Kennett Square and Downingtown recorded median prices ranging from about $585,000 to $610,000.
More affordable housing options remain concentrated in western municipalities, with median prices of approximately $407,500 in Coatesville and $315,000 in Valley Township.
The local market’s strength contrasts with broader statewide trends that show rising inventory and slowing annual sales activity.
Across Pennsylvania, the median home sales price climbed to $320,000 in May, up from $315,000 in April and roughly 5% higher than a year earlier, according to the Pennsylvania Association of Realtors.
“The state’s rising home prices reflect the sustained demand for homes, and the growing inventory provides consumers with more opportunities and choices,” David Dean, the association’s 2026 president and a Realtor with Howard Hanna Real Estate Services, stated.
Statewide inventory increased nearly 12% month over month to more than 44,800 listings in May, though available homes remained about 5% below year-earlier levels.
Sales activity also improved from April, with nearly 10,900 transactions completed in May compared with about 9,400 the previous month. However, sales were down approximately 5.5% from May 2025.
“Homebuyers should approach today’s housing market with patience and preparation,” Dean stated. “While increased inventory is providing more options, competition remains strong in many local areas.”
For Chester County, the combination of constrained inventory, high sale-to-list ratios and continued buyer demand suggests that affordability pressures are likely to persist, particularly in the county’s higher-priced communities.
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