Is Warminster Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Warminster Township was a Seller's Market.
Housing Prices in Warminster Township, PA
How much do homes in Warminster Township, PA cost?
Median Sold Price
$434,133
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Warminster Township was $434,133 in March 2024, up 2.1% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.5K | $185K | +10.4% |
2 Bedrooms | $262.4K | $277.5K | +5.7% |
3 Bedrooms | $420K | $420.7K | 0.2% |
4 Bedrooms | $477.4K | $500K | +4.7% |
5+ Bedrooms | $526K | $833.8K | +58.5% |
Summary: Warminster Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 58.5%.
Median Sold Price Compared To Nearby Cities
Upper Southampton Township | $411K | $440K | +7.1% |
Warminster | $425K | $435K | +2.4% |
Warminster Township | $425K | $434.1K | +2.1% |
Warwick Township | $582.4K | $525K | -9.9% |
Housing Supply in Warminster Township, PA
How many homes are available in Warminster Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
112 | 109 | -2.7% |
Summary: The Warminster Township real estate market had 109 homes for sale in March 2024, a 2.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 45 | 45 | 0.0% |
4 Bedrooms | 33 | 32 | -3.0% |
5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The Warminster Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Warminster Township in March 2024, down by 6.3% month-over-month. Of the 15 sold homes, 47% were sold under asking, 13% were sold at asking, and 40% were sold over asking.
Days on Market for Warminster Township, PA
How long does it take to sell a home in Warminster Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 23 Days | +7.9% |
Summary: Homes in Warminster Township had an average of 23 days on market in Mar 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Warminster Township; 87% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.