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Toby Farms' Home Values Continue to Rise

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Real Estate Agent with Long & Foster Real Estate, Inc

Toby Farms' home values have seen a steady rise over the last decade in Delaware County PA.

Toby Farms HomesLocated in Chester Township in lower Delaware County PA, Toby Farms has been a popular housing choice for years. Home values were strong in the early 2000s but suffered with the economy during the housing crisis. Prices reached a low a decade ago in 2014 when there were only 11 sales for the year with an average sales price $50,000. Prices ranged from a low of $29,000 to a high of $99,000.

By 2019, Toby Farms' average home prices had doubled with an average home sale price of $102,000 with prices ranging from $20,000 to a high of $149,000. Toby Farms Homes In 2023, the average sales price had nearly doubled again to $203,000 with 28 sales in Toby Farms. Prices last year ranged from $77,500 to $275,000 taking an average of 19 days to sell.

This year to date, there have been 14 sales with an average sales price of $213,000. Prices have ranged from $136,000 to $275,000. Today, there are an additional 3 properties pending and five more that are listed as "Active Under Contract". There is only one Active listing priced for $265,000.

If you are looking to move in the area or have any questions, please feel free to reach out any time!

 

David Henke
Long & Foster Real Estate Inc – Wilmington, DE/Devon, PA
Office: 610-225-7400/Direct: 610-618-0808
http://www.DelawarePAHomes.com

(All statistics per the BrightMLS System and believed accurate but not guaranteed)

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