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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warrington Township is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Warrington Township, PA cost?

Median Sold Price

$481,450

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$16,450(+3.5%)

Key Takeaway

Homes in Warrington Township have sold for 3.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$275K
N/A
2 $286K$376.5K
+31.6%
3 $420K$430K
+2.4%
4 $605K$643K
+6.3%
5+ $710K$700K
-1.4%

Median Sold Price Compared To Nearby Cities

New Britain Township
+12.3%
Doylestown Township
+11.7%
Montgomery Township
+8.3%
Horsham Township
+5.1%
Warrington Township
+3.5%

How many homes are available in Warrington Township, PA?

Number of Homes For Sale

Sep 2022Oct 2022%
8778-10.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 2013
-35.0%
3 3334
+3.0%
4 3026
-13.3%
5+ 45
+25.0%

Number of Homes Sold

Sep 2022Oct 2022%
2426+8.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warrington Township, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
15 Days16 Days+8.8%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Warrington Township 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 Warrington Township, PA

Warrington Township, PA has 78 homes on the market. Between September 2022 and October 2022, Warrington Township, PA real estate market has seen decrease in the number of listings by 10.3%. The median list price of listings available in October 2022 was $481,450, while the average time on the real estate market was 16 days. Listing prices have changed in this real estate market between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 31.6%, the cost of 3 bedrooms properties went up by 2.4%, 4 bedrooms properties prices increased by 6.3%, prices of 5 bedrooms properties decreased by 1.4%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, number of 2 bedrooms homes decreased by 35%, the quantity of 3 bedrooms homes went up by 3%, 4 bedrooms homes became 13.3% less available, number of 5 bedrooms homes increased by 25%. While more than 9 listings in Warrington Township, PA in October 2022 were sold above asking price, there were more than 5 listings sold at asking price, and more than 12 were sold below.

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