LEMOYNE, PA — Pennsylvania’s median home sale price reached $315,000 in April, extending a three-month streak of year-over-year gains as limited inventory and persistent buyer demand continued to support housing values across the state.
The median sale price increased 7.4% from April 2025 and rose 5% from March, according to data released by the Pennsylvania Association of Realtors. Since the beginning of the year, statewide median home prices have climbed nearly 19%.
At the same time, sales activity accelerated on a monthly basis. More than 9,400 homes changed hands during April, a 15% increase from March, though sales remained 8% below year-ago levels.
The combination of rising prices and lower annual sales volume suggests Pennsylvania’s housing market continues to face supply constraints despite a seasonal increase in listings.
“Home prices have continued to rise this year in many markets throughout the commonwealth,” said David Dean, the Pennsylvania Association of Realtors’ 2026 president and a Realtor with Howard Hanna Real Estate Services. “Limited housing supply, steady buyer demand and homeowners staying in place longer have helped keep upward pressure on home prices.”
Statewide inventory improved from March, with active listings surpassing 40,000 in April compared with 37,260 the previous month. However, available inventory remained below levels recorded one year earlier.
In Chester County, the spring market showed stronger momentum than the statewide average as both inventory and sales activity increased sharply.
Sellers brought 730 new listings to market during April, a 25.4% increase from March and a 12.3% gain from the same month last year. Buyers absorbed much of that new inventory, resulting in 454 closed transactions, up 24.4% from the previous month.
The county’s median sale price rose to $560,000, representing a 4.2% increase from April 2025.
Competition remained strong despite the increase in available homes. Properties sold for an average of 101.2% of their asking price, indicating multiple-offer activity remained common for appropriately priced listings.
Homes spent an average of 26 days on the market before going under contract, down 18.8% from March.
Even with the influx of new listings, Chester County’s inventory stood at approximately 2.7 months of supply, a level generally considered indicative of a seller’s market.
Dean said rising prices continue to benefit homeowners while creating challenges for buyers navigating a competitive environment.
“For homeowners, rising prices continue to build equity and strengthen familial wealth,” Dean said. “For buyers, the market remains competitive, making it more important than ever to understand local conditions, pricing trends and negotiation strategies.”
Support the local news that supports Chester County. MyChesCo delivers reliable, fact-based reporting and essential community resources—free for everyone. If you value that, click here to become a patron today.