Is Warrington Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Warrington Township has remained a Seller's Market.
Housing Prices in Warrington Township, PA
How much do homes in Warrington Township, PA cost?
Median Sold Price
$523,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Warrington Township was $523,000 in May 2024, up 12.5% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $207.5K | N/A |
2 Bedrooms | $340K | $400K | +17.6% |
3 Bedrooms | $452.5K | $475K | +5.0% |
4 Bedrooms | $552K | $649.9K | +17.7% |
5+ Bedrooms | $700K | $627.5K | -10.4% |
Summary: Warrington Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes decreased by 10.4%.
Median Sold Price Compared To Nearby Cities
Conewago Township | $259.9K | $300K | +15.4% |
Warrington Township | $465K | $523K | +12.5% |
Dover Township | $250.1K | $271.5K | +8.5% |
Monaghan Township | $332.2K | $322.5K | -2.9% |
Housing Supply in Warrington Township, PA
How many homes are available in Warrington Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 74 | +12.1% |
Summary: The Warrington Township real estate market had 74 homes for sale in May 2024, a 12.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 14 | 19 | +35.7% |
3 Bedrooms | 27 | 26 | -3.7% |
4 Bedrooms | 21 | 23 | +9.5% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Warrington Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 35.7%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Warrington Township in May 2024, the same as the previous month. Of the 15 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for Warrington Township, PA
How long does it take to sell a home in Warrington Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
44 Days | 15 Days | -65.4% |
Summary: Homes in Warrington Township had an average of 15 days on market in May 2024, down by 65.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Warrington Township; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.