Is Warrington Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Warrington Township has remained a Seller's Market.
Housing Prices in Warrington Township, PA
How much do homes in Warrington Township, PA cost?
Median Sold Price
$557,500
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Warrington Township was $557,500 in March 2024, up 11.5% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $345K | $425K | +23.2% |
3 Bedrooms | $465K | $500K | +7.5% |
4 Bedrooms | $660K | $705K | +6.8% |
5+ Bedrooms | $927K | $802.5K | -13.4% |
Summary: Warrington 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 increased by 23.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Cities
Warrington Township | $500K | $557.5K | +11.5% |
Doylestown Township | $620K | $645K | +4.0% |
New Britain Township | $489K | $507K | +3.7% |
Jamison | $625.5K | $610K | -2.5% |
Warwick Township | $582.4K | $525K | -9.9% |
Housing Supply in Warrington Township, PA
How many homes are available in Warrington Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
79 | 82 | +3.8% |
Summary: The Warrington Township real estate market had 82 homes for sale in March 2024, a 3.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 25 | 25 | 0.0% |
4 Bedrooms | 37 | 39 | +5.4% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Warrington 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 18 | +80.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Warrington Township in March 2024, up by 80.0% month-over-month. Of the 18 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Warrington Township, PA
How long does it take to sell a home in Warrington Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 21 Days | -18.1% |
Summary: Homes in Warrington Township had an average of 21 days on market in Mar 2024, down by 18.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in Warrington Township; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.