Is East Whiteland Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Whiteland Township is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, East Whiteland Township was a Seller's Market.

Key Takeaway

East Whiteland Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Whiteland Township, PA

How much do homes in East Whiteland Township, PA cost?

Median Sold Price

$575,000

$251/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since March 2023.

Key Takeaway

The sold price of homes in East Whiteland Township has remained the same since last year.

Summary: The median home sold price in East Whiteland Township was $575,000 in March 2024, the same as last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$280K
N/A
3 $525K$510K
-2.9%
4 $667.2K$675K
+1.2%
5+ $530K$962.5K
+81.6%

Summary: East Whiteland Township housing prices by bedroom type for March 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 2.9%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 81.6%.

Median Sold Price Compared To Nearby Cities

Charlestown Township
+4.4%
Malvern
+3.9%
East Goshen Township
+3.1%
East Whiteland Township
0.0%

Housing Supply in East Whiteland Township, PA

How many homes are available in East Whiteland Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3137+19.4%

Summary: The East Whiteland Township real estate market had 37 homes for sale in March 2024, a 19.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1215
+25.0%
4 1316
+23.1%
5+ 55
0.0%

Summary: The East Whiteland Township housing inventory by bedroom type for March 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 25%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Whiteland Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in East Whiteland Township in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

Mar 2023Mar 2024CHANGE
4 Days37 Days+735.6%

Summary: Homes in East Whiteland Township had an average of 37 days on market in Mar 2024, up by 735.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Whiteland Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in East Whiteland Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in East Whiteland Township, PA

Nearby Markets to East Whiteland Township, PA

What housing markets are near East Whiteland Township, PA?