April 2025 Market Statistics: Home Prices, Inventory & Sales Growth

As the spring real estate season gains momentum, April’s housing market data for Pennsylvania and New Jersey reveals a mix of rising home values, growing inventory, and steady buyer demand. Whether you’re preparing to buy, sell, or simply stay informed, this report offers valuable insights into how the local markets are performing. Below, we break down the latest April market trends by county—including median home prices, sales activity, and list-to-sold price ratios—to give you a clear picture of what’s happening across the region.

Bucks County, PA

Bucks County remains a standout in the Greater Philadelphia area’s real estate market. Home sales jumped 14.8% year-over-year, with 521 properties sold. The median sold price rose 4.6% to $485,000, reflecting strong buyer demand. Active listings climbed to 705, an increase of 13.2%. Homes spent a median of just 7 days on the market, up by only 1 day from last year. The list-to-sold price ratio improved to 101.3%, up 0.82% month over month—signaling ongoing multiple-offer situations.

Montgomery County, PA

In Montgomery County, home values and inventory continued to rise at a moderate pace. The median sold price increased to $461,500, up 1.4% year over year. With 670 homes sold—a 2.3% rise—and 982 active listings (up 15.9%), the market is showing balanced growth. Median days on market held steady at 6. Sellers continued to benefit from strong demand, with a list-to-sold price ratio of 101.9%, up 0.51% month over month.

Berks County, PA

Berks County saw notable growth in both home prices and sales activity. The median sold price rose 7.5% to $281,050, while 328 homes were sold, also up 7.5% compared to last year. Inventory expanded by 13.9% to 344 active listings. Homes sold quickly, with a median time on market of 7 days—unchanged from the previous year. The list-to-sold price ratio increased to 101%, up 0.96% month over month.

Philadelphia, PA

The Philadelphia real estate market showed mixed signals this April. The median sold price rose to $275,000, up 2.6% year over year. However, the number of homes sold dipped slightly by 2.2% to 1,160. Inventory increased 10.4%, bringing active listings to 4,457. The median days on market rose to 22, up 2 days, while the list-to-sold price ratio fell to 98.2%, down 1% month over month. These shifts suggest more negotiating power for buyers in the city.

Chester County, PA

Chester County continues to attract strong buyer interest. The median sold price rose 4% to $537,247, with 466 homes sold—up 5.4% from last year. Inventory saw the largest growth among PA counties, jumping 28.4% to 741 active listings. Homes spent a median of just 6 days on the market, a 1-day increase year over year. The list-to-sold price ratio rose to 102.5%, up 0.81%, confirming a competitive market for well-priced homes.

Greater Lehigh Valley (GLVR)

The Greater Lehigh Valley experienced steady growth, with the median sold price rising 7.1% to $345,000. Homes sold increased 1.6% to 511, while active listings dipped slightly to 630—a 1.9% decrease. The average days on market extended to 24, up 9.1% from the prior year. Month over month, the list-to-sold price ratio declined to 101.3%, down 0.6%, suggesting slight softening in seller leverage.

Ocean County, NJ

Ocean County, NJ, reported one of the highest median price gains in the region this April, rising 10.8% year over year to $537,525. Homes sold rose 2% to 153, and inventory jumped 20.9% to 481 active listings. The median days on market increased to 26 days, up 5 from last year. Month over month, the list-to-sold price ratio ticked up to 99.2%, a 0.45% increase that reflects continued interest in coastal properties.

Mercer County, NJ

Mercer County’s housing market remained strong with a 3.6% year-over-year increase in median price, reaching $435,000. Home sales rose 3.5% to 238, and inventory climbed significantly by 44%, totaling 550 active listings. Homes sold in a median of 15 days, up just 1 day from last year. The list-to-sold price ratio jumped 1.28% month over month to 102.3%, showing heightened buyer competition.

Hunterdon County, NJ

Hunterdon County posted the sharpest price increase in April, with the median sold price soaring 22.1% to $640,650. However, home sales dropped 33.3%, with only 8 homes sold. Inventory held steady at 47 listings. Homes moved faster this year, with median days on market falling by 25 days to just 14. The list-to-sold price ratio dipped slightly to 102%, down 0.05%, indicating a marginal change in pricing power.

April 2025 Housing Market in PA & NJ: Key Takeaways

April brought clear momentum to the PA and NJ housing markets, especially in suburban and high-demand counties where low days on market and rising price points continue to drive competitive activity. With inventory growing in many areas and interest remaining strong, buyers and sellers alike have meaningful opportunities this season. As we look ahead to late spring and summer, staying updated on your local market conditions can give you an edge—whether you’re listing your home or searching for your next move.