Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, PA
How much do homes in Washington Township, PA cost?
Median Sold Price
$220,333
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Washington Township was $220,333 in April 2024, up 2.8% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $90K | +200.0% |
2 Bedrooms | $138K | $152K | +10.1% |
3 Bedrooms | $225K | $225K | 0.0% |
4 Bedrooms | $258K | $319K | +23.6% |
5+ Bedrooms | $297.5K | $360K | +21.0% |
Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 10.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes increased by 21%.
Median Sold Price Compared To Nearby Cities
Warrington Township | $460K | $524.9K | +14.1% |
Dover Township | $250K | $270K | +8.0% |
Latimore Township | $343.5K | $359.9K | +4.8% |
Washington Township | $214.2K | $220.3K | +2.8% |
Housing Supply in Washington Township, PA
How many homes are available in Washington Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
146 | 148 | +1.4% |
Summary: The Washington Township real estate market had 148 homes for sale in April 2024, a 1.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 29 | 28 | -3.4% |
3 Bedrooms | 83 | 82 | -1.2% |
4 Bedrooms | 20 | 24 | +20.0% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Washington 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 decreased by 3.4%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 41 | +20.6% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Washington Township in April 2024, up by 20.6% month-over-month. Of the 41 sold homes, 68% were sold under asking, 12% were sold at asking, and 20% were sold over asking.
Days on Market for Washington Township, PA
How long does it take to sell a home in Washington Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 50 Days | -19.5% |
Summary: Homes in Washington Township had an average of 50 days on market in Apr 2024, down by 19.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 41 homes were sold in Washington Township; 54% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.