Is West Manchester 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, West Manchester Township has remained a Seller's Market.
Housing Prices in West Manchester Township, PA
How much do homes in West Manchester Township, PA cost?
Median Sold Price
$250,250
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Manchester Township was $250,250 in May 2024, up 8.8% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $101.2K | - | N/A |
2 Bedrooms | $170K | $192.5K | +13.2% |
3 Bedrooms | $229.9K | $248.7K | +8.2% |
4 Bedrooms | $342.7K | $370K | +8.0% |
5+ Bedrooms | $396K | $380K | -4.0% |
Summary: West Manchester 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 13.2%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
New Salem | $192K | $260K | +35.4% |
York | $209.6K | $235K | +12.1% |
West Manchester Township | $230K | $250.2K | +8.8% |
Spring Garden Township | $250K | $272K | +8.8% |
West York | $155K | $165K | +6.5% |
Housing Supply in West Manchester Township, PA
How many homes are available in West Manchester Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 56 | +27.3% |
Summary: The West Manchester Township real estate market had 56 homes for sale in May 2024, a 27.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 7 | -36.4% |
3 Bedrooms | 18 | 31 | +72.2% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The West Manchester Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes increased by 72.2%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in West Manchester Township in May 2024, up by 8.3% month-over-month. Of the 13 sold homes, 15% were sold under asking, 31% were sold at asking, and 54% were sold over asking.
Days on Market for West Manchester Township, PA
How long does it take to sell a home in West Manchester Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 10 Days | -31.2% |
Summary: Homes in West Manchester Township had an average of 10 days on market in May 2024, down by 31.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in West Manchester Township; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.