$359,000
427 W Pennsylvania Ave, Downingtown, PA 19335
Listed by Compass Pennsylvania, LLC
Thoughtfully updated and move-in ready, this 3-bedroom, 1.5-bath home offers the perfect combination of modern finishes, spacious living areas, and an exceptional location in the heart of Downingtown Borough! Thoughtfully renovated in 2021, the home features high ceilings, a fresh neutral palette, and bright, inviting spaces throughout. Located within the highly regarded Downingtown Area School District, this home offers the convenience of borough living with all the comforts of a thoughtfully updated home. The inviting main level features an open floor plan with attractive luxury vinyl plank flooring that flows seamlessly throughout the living spaces. The beautifully updated kitchen offers quartz countertops, modern cabinetry, stainless steel appliances, and plenty of space for everyday living and entertaining. A convenient main-level laundry room and powder room add functionality, while direct access to the fenced-in backyard provides the perfect setting for outdoor dining, entertaining, or simply relaxing. Upstairs, you’ll find two generously sized bedrooms and a beautifully renovated full bathroom featuring stylish, modern finishes. The third floor offers a versatile additional bedroom that could also serve as a home office, playroom, exercise space, or guest retreat. Neutral finishes and cohesive luxury vinyl plank flooring throughout create a fresh, welcoming atmosphere that’s ready for its next owner. Enjoy peace of mind with extensive improvements completed in 2021, including the roof, HVAC system, water heater, appliances, and more! One of this home’s greatest highlights is its fantastic location! Enjoy the convenience of strolling into downtown Downingtown, where you’ll find popular local favorites including La Sponda, Station Taproom, and Myrtos, along with The Farmhouse Coffee & Espresso Bar and Evergreen Coffee Company for your morning coffee! With nearby parks, boutique shops, the Downingtown train station, and easy access to major commuting routes, this location offers the perfect blend of small-town atmosphere and everyday convenience. Schedule a tour today!
How the bedrooms and baths are distributed across the floors, as reported by the listing agent.
| Date | Event | Price |
|---|---|---|
| Oct 26, 2026 | Listed for sale | $324,900 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Estimated value
$316,000
Automated estimate, not an appraisal. Sale records through July 2026.
Based on 10 comparable sales nearby, the Chester County assessment ratio, and this home's own April 2024 sale grown with the local market, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 337 W PENNSYLVANIA AVE, DOWNINGTOWN, PA 19335 | July 2026 | $335,500 | 3/1 | 1,188 | $337,255 |
| 248 CHURCH ST, DOWNINGTOWN, PA 19335 | August 2026 | $327,500 | 3/1 | 1,245 | $317,823 |
| 150 VIADUCT AVE, DOWNINGTOWN, PA 19335 | May 2026 | $343,000 | 3/1 | 1,120 | $359,654 |
| 228 CHURCH ST, DOWNINGTOWN, PA 19335 | February 2026 | $375,000 | 3/1 | 1,262 | $380,984 |
| 231 WILLIAM ST, DOWNINGTOWN, PA 19335 | July 2026 | $254,000 | 2/1 | 1,162 | $260,977 |
| 231 PROSPECT AVE, DOWNINGTOWN, PA 19335 | September 2026 | $340,000 | 3/2 | 1,134 | $325,103 |
| Date | Event | Price |
|---|---|---|
| April 2024 | Sold | $260,000 |
From closed MLS and county deed records. Earlier transactions may exist.
Estimated at current rates
$2,825 / year
≈ $235 per month
MLS shows (2026)
$2,894
-2.4% at current rates
School tax
DOWNINGTOWN AREA · 31.91 mills (2025-26)
$1,972
County tax
Chester County · 5.16 mills (2026)
$319
Municipal tax
As recorded for 2026, varies by municipality
$534
Recomputed from the county assessment ($61,790, 1998 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Chester County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.
Loan term
Estimated monthly payment
$1,961/mo
Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.
School district
Downingtown Area
2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Chester County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Chester County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
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Information Deemed Reliable But Not Guaranteed
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.
IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: October 27, 2026 at 2:07 PM EDT
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