CHESTER COUNTY, PA — Chester County’s housing market showed growing balance in November 2025, with inventory continuing to climb even as buyer demand remained firm and prices held near record levels.
Active listings rose to roughly 743, signaling a gradual return of supply after years of tight conditions. While still well below pre-pandemic peaks, the increase gave buyers more options without meaningfully slowing sales. Homes moved to pending status in a median of just 10 days, a pace that reflects sustained demand despite higher borrowing costs.
Prices remained elevated. The median sale price in October stood near $512,750, while the median list price in November reached about $568,300. Homes largely sold at asking price, with the sale-to-list ratio holding around 1.000, indicating little room for buyer negotiation in most transactions.
The local picture contrasts with some national signals of strain highlighted in Realtor.com’s November Monthly Housing Trends Report. Nationally, delistings surged in 2025 as more sellers withdrew homes that failed to meet price expectations, and pending home sales slipped modestly year over year. Buyers across the country increasingly shifted toward so-called refuge markets, smaller metros that remain relatively affordable as mortgage rates stay elevated.
Chester County has not emerged as a refuge market, but it continues to benefit from its proximity to major employment hubs and strong household incomes, estimated near $120,000. That demand cushion has helped stabilize prices even as affordability pressures persist and the market cools from the frenzy of 2021 and 2022.
More inventory is beginning to recalibrate expectations on both sides of the transaction. Sellers still benefit from quick sales and firm pricing, but buyers now have slightly more leverage and time to decide. The market appears less frantic, yet far from weak.
Looking ahead to 2026, analysts expect a warmer housing environment as mortgage rates stabilize and inventory continues to expand. For Chester County, that points to modest price appreciation and steadier sales activity, offering a measure of breathing room for buyers without undercutting seller confidence.
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