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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warwick Township is a seller's market

Buyer's
Market

Difference Since February 2022

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

Key Takeaway

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

How much do homes in Warwick Township, PA cost?

Median Sold Price

$549,950

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$54,950(+11.1%)

Key Takeaway

Homes in Warwick Township have sold for 11.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $199K$295K
+48.2%
2 $339.9K$390K
+14.7%
3 $430K$476K
+10.7%
4 $650K$682.5K
+5.0%
5+ $850K$906.5K
+6.6%

Median Sold Price Compared To Nearby Cities

Warwick Township
+11.1%
Warminster
+7.3%
Jamison
+6.4%
Furlong
-7.0%

How many homes are available in Warwick Township, PA?

Number of Homes For Sale

Jan 2023Feb 2023%
3036+20.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 23
+50.0%
3 1118
+63.6%
4 1210
-16.7%
5+ 44
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
58+60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warwick Township, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Average Sale Time

Feb 2022Feb 2023%
6 Days37 Days+506.1%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Warwick 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 Warwick Township, PA

Homes for sale in Warwick Township, PA have reached 36. The inventory of homes for sale in Warwick Township, PA between January 2023 and February 2023 increased by 20%. In February 2023 median list price was $549,950 and the average listing age was 37 days. Real estate listing prices changed between January 2023 and February 2023: 1 bedroom properties prices increased by 48.2%, the cost of 2 bedrooms properties went up by 14.7%, prices of 3 bedrooms properties increased by 10.7%, 4 bedrooms properties prices increased by 5%, prices of 5 bedrooms properties went up by 6.6%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 50%, volume of 3 bedrooms homes went up by 63.6%, volume of 4 bedrooms homes went down by 16.7%, the quantity of 5 bedrooms homes have not changed. In February 2023, from all listings sold in Warwick Township, PA there were more than 3 sold above asking price, over 2 sold below and more than 3 were sold right at the asked price.

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