Is Warminster, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warminster is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Warminster has remained a Seller's Market.

Key Takeaway

Warminster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Warminster, PA cost?

Median Sold Price

$427,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$39,750(+10.3%)

Key Takeaway

Homes in Warminster have sold for 10.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $142K$163K
+14.8%
2 $317.5K$275.5K
-13.2%
3 $368K$411.2K
+11.8%
4 $450K$479.9K
+6.7%
5+ $527.5K$859.9K
+63.0%

Median Sold Price Compared To Nearby Cities

Warwick Township
+21.8%
Jamison
+16.5%
Warminster Township
+11.6%
Warminster
+10.3%

How many homes are available in Warminster, PA?

Number of Homes For Sale

Oct 2022Nov 2022%
118104-11.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 2119
-9.5%
3 4741
-12.8%
4 3532
-8.6%
5+ 1310
-23.1%

Number of Homes Sold

Oct 2022Nov 2022%
3135+12.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warminster, you could pay more than the asking price. 45.7% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
18 Days19 Days+7.9%

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Warminster, PA

Warminster, PA has 104 homes for sale to choose from. The number of homes for sale in Warminster, PA decreased by 11.9% between October 2022 and November 2022. The median list price of listings available in November 2022 was $427,000, while the average time on the real estate market was 19 days. This housing market listing prices have changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 14.8%, the cost of 2 bedrooms properties went down by 13.2%, prices of 3 bedrooms properties went up by 11.8%, prices of 4 bedrooms properties increased by 6.7%, the cost of 5 bedrooms properties went up by 63%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 9.5%, the quantity of 3 bedrooms homes went down by 12.8%, volume of 4 bedrooms homes went down by 8.6%, number of 5 bedrooms homes decreased by 23.1%. While more than 16 listings in Warminster, PA in November 2022 were sold above asking price, there were more than 13 listings sold at asking price, and more than 6 were sold below.

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