West Chester, PA—19382
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in West Chester, PA
Home Price Trends — West Chester, PA
As of Oct '25, the median home price in West Chester, PA is $657,000, with a year-over-year change of 3.3%. This indicates that home prices in West Chester, PA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $657,000 | 3.3% |
| Single Family | $687,000 | 3.2% |
| Condos | $285,000 | 0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $271,000 | 1.5% |
2 Bed | $323,000 | 1.3% |
3 Bed | $553,000 | 3.2% |
4 Bed | $780,000 | 3.2% |
| 5 Bed | $1,074,000 | 3.7% |
% of Housing Stock
Rental Trends — West Chester, PA
As of July '25, Rentcast reports the average rent in West Chester, PA is $2,620, with a year-over-year rent change of 18.0%. Per bedroom, the median rent as of July '25 in West Chester, PA is studios: $2,410, 1-bedrooms: $1,770, 2-bedrooms: $2,070, 3-bedrooms: $3,190, 4-bedrooms: $3,800. The most common rental property sizes in West Chester, PA are 2-bedroom and 1-bedroom, accounting for 42.7% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,220 | $2,620 |
| Studio Rent | $1,870 | $2,410 |
| 1 Bed Rent | $1,800 | $1,770 |
| 2 Bed Rent | $1,950 | $2,070 |
| 3 Bed Rent | $3,100 | $3,190 |
| 4 Bed Rent | $3,600 | $3,800 |
% of Rental Stock
Property Listings — West Chester, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in West Chester, PA is 35. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $749,000 | -6.0% |
Listing Count | 156 | 11.0% |
| Listings as % of Homes | 0.4% | 11.0% |
Days on Market | 35 | 2.0% |
Demographics — West Chester, PA
As of the latest ACS Survey released in 2023, West Chester, PA has a population of 53,000, which has decreased by -2.6% over the past 5 years. West Chester, PA is a moderately popular place for families, as children make up 18.5% of the population. The area has a highly educated workforce, with 64.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,000 | -2.6% |
% Under 18 | 18.5% | -3.6% |
% Seniors | 18.8% | 22.1% |
% WFH | 21.2% | 175.3% |
% w/ College Degree | 64.4% | 10.7% |
As of the latest ACS Survey released in 2023, West Chester, PA is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in West Chester, PA is black, making up 6.0% of the population. Foreign-born residents account for 7.8% of the population in West Chester, PA, and this percentage has increased by 1.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.5% | -5.8% |
% Black | 6.0% | 42.9% |
% Hispanic | 4.2% | 20.0% |
% Asian | 5.0% | 16.3% |
% Foreign Born | 7.8% | 1.3% |
Mortgage and Risk — West Chester, PA
According to HUD data as of 2023, there were 885 mortgage originations in West Chester, PA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in West Chester, PA. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 885 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — West Chester, PA
As of 2024, the percent of homes in West Chester, PA under the Section 8 program is 6.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in West Chester, PA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 431 |
Total Units Section 8 | 384 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,800 | $1,740 |
| 2 Bedroom | $120 | $1,950 | $2,070 |
| 3 Bedroom | -$610 | $3,100 | $2,490 |
| 4 Bedroom | -$760 | $3,600 | $2,840 |
Affordability — West Chester, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $657,000 |
| Median Household Income | $126,000 |