Is East Whiteland Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Whiteland Township has remained a Seller's Market.
Key Takeaway
East Whiteland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Whiteland Township, PA
How much do homes in East Whiteland Township, PA cost?
Median Sold Price
$590,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Whiteland Township have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in East Whiteland Township was $590,000 in April 2024, up 5.4% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $280K | N/A |
| 3 Bedrooms | $525K | $489.9K | -6.7% |
| 4 Bedrooms | $646.2K | $695K | +7.5% |
| 5+ Bedrooms | $530K | $1.0M | +104.5% |
Summary: East Whiteland Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 104.5%.
Median Sold Price Compared To Nearby Cities
| Charlestown Township | $751.3K | $825K | +9.8% |
| East Whiteland Township | $560K | $590K | +5.4% |
| Malvern | $705K | $734.2K | +4.1% |
| East Goshen Township | $503.5K | $510K | +1.3% |
Housing Supply in East Whiteland Township, PA
How many homes are available in East Whiteland Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 37 | +42.3% |
Summary: The East Whiteland Township real estate market had 37 homes for sale in April 2024, a 42.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 10 | 19 | +90.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The East Whiteland Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 90%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Whiteland Township, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in East Whiteland Township in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.
Days on Market for East Whiteland Township, PA
How long does it take to sell a home in East Whiteland Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 5 Days | -79.2% |
Summary: Homes in East Whiteland Township had an average of 5 days on market in Apr 2024, down by 79.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Whiteland Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in East Whiteland Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
