Is Whitemarsh Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Whitemarsh Township was a Buyer's Market.
Housing Prices in Whitemarsh Township, PA
How much do homes in Whitemarsh Township, PA cost?
Median Sold Price
$580,500
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Whitemarsh Township was $580,500 in April 2024, up 4.6% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $165K | N/A |
2 Bedrooms | $445K | $395K | -11.2% |
3 Bedrooms | $475K | $487.4K | +2.6% |
4 Bedrooms | $712K | $705K | -1.0% |
5+ Bedrooms | $1.0M | $1.1M | +11.0% |
Summary: Whitemarsh 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 decreased by 11.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 11%.
Median Sold Price Compared To Nearby Cities
Plymouth Meeting | $468.7K | $516.1K | +10.1% |
Plymouth Township | $465K | $500K | +7.5% |
Springfield Township | $443.9K | $475K | +7.0% |
Whitemarsh Township | $555K | $580.5K | +4.6% |
Housing Supply in Whitemarsh Township, PA
How many homes are available in Whitemarsh Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 43 | +53.6% |
Summary: The Whitemarsh Township real estate market had 43 homes for sale in April 2024, a 53.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 13 | 22 | +69.2% |
4 Bedrooms | 10 | 15 | +50.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Whitemarsh Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 69.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Whitemarsh Township in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Whitemarsh Township, PA
How long does it take to sell a home in Whitemarsh Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 8 Days | +61.0% |
Summary: Homes in Whitemarsh Township had an average of 8 days on market in Apr 2024, up by 61% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Whitemarsh 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.