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Featured local agent — Devon, PA
Sarah Mitchell
Compass Real Estate · Devon, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Devon, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.08Mmedian sale price
How is the Devon, PA housing market right now?
The median home sale price in Devon, PA is $1.08M, up 44.5% year-over-year. Homes sell in an average of 22 days with 4 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Devon a buyer's or seller's market?
Devon, PA is currently a strong seller's market, based on 0.8 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
22
Average pace
Active listings
4
0.8 months supply
Sale-to-list
119.2%
Above asking
What does the Devon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.08M |
| Year-over-year price change | +44.5% |
| Average days on market | 22 days |
| Active inventory | 4 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 119.2% |
| Median price per sq ft | $443/sq ft |
| Homes sold (latest month) | 5 |
| Listings with a price cut | 25.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Devon by property type?
How the Devon, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.20M | $454/sq ft | 3 | 18 days |
| Condo / Co-op | $334,000 | $328/sq ft | 2 | 30 days |
| Townhouse | $805,000 | $243/sq ft | 1 | 19 days |
Source: Redfin · Updated monthly
The Devon housing market is currently classified as a strong seller's market with a median sale price of $1.08M. Prices have risen 44.5% compared to last year, with homes spending an average of 22 days on market, indicating 0.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Devon
There are currently 4 homes listed for sale in Devon, Pennsylvania.
Active listings
4
Homes on market
Avg. days on market
22
Days until sale
Who lives in Devon?
Population
1,623
Median income
$194,813/yr
Median age
50.5 years
Owner-occupied
100.0%
College grads
82.3%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in Devon?
Zillow home value
$1.04M
Zillow rent index
$1,988/mo
Price-to-rent ratio
43.4x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Devon?
Devon is a community of approximately 2K residents with a median age of 50.5 years.The median household income is $194,813, which reflects a relatively affluent area with strong earning potential. 82.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Devon offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Devon?
2 schools tracked · 837 students
The largest public schools serving Devon, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Beaumont El Sch
Grades K-4 · 454 students
Devon El Sch
Grades K-4 · 383 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Devon, PA?
Want a head-to-head view? Compare Devon side-by-side with any other U.S. city using our market-comparison tool.
Is Devon a good real estate investment market?
For investors evaluating Devon, the price-to-rent ratio of 43.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 44.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Devon's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Devon's median home price.
Frequently asked questions
What is the average home price in Devon?
The median home sale price in Devon is $1.08M, up 44.5% from last year.
How long do homes stay on market in Devon?
Homes typically spend 22 days on market before going under contract.
What is the median income in Devon?
The median household income is $194,813 per year.
Is Devon a buyer's or seller's market?
With 0.8 months of supply, Devon is currently a strong seller's market.
What is the Zillow home value estimate for Devon?
The Zillow Home Value Index (ZHVI) for Devon is $1.04M, representing the typical home value in the area.
What is the median condo price in Devon?
The median condo/co-op sale price in Devon, PA is $334,000, compared to $1.20M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Devon?
The median single-family home price in Devon, PA is $1.20M (about $454 per square foot).
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