Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, PA
How much do homes in Washington Township, PA cost?
Median Sold Price
$227,450
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Washington Township was $227,450 in March 2024, down 0.3% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $21K | $81.7K | +289.3% |
2 Bedrooms | $152.4K | $165K | +8.2% |
3 Bedrooms | $233K | $230.6K | -1.0% |
4 Bedrooms | $299.9K | $335.9K | +12.0% |
5+ Bedrooms | $472.5K | $335.5K | -29.0% |
Summary: Washington Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 289.3%, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 29%.
Median Sold Price Compared To Nearby Cities
Washington Township | $228.2K | $227.4K | -0.3% |
Douglass Township | $395K | $375K | -5.1% |
Housing Supply in Washington Township, PA
How many homes are available in Washington Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
139 | 164 | +18.0% |
Summary: The Washington Township real estate market had 164 homes for sale in March 2024, a 18.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 36 | 35 | -2.8% |
3 Bedrooms | 79 | 93 | +17.7% |
4 Bedrooms | 17 | 23 | +35.3% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Washington Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 34 | +70.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Washington Township in March 2024, up by 70.0% month-over-month. Of the 34 sold homes, 50% were sold under asking, 26% were sold at asking, and 24% were sold over asking.
Days on Market for Washington Township, PA
How long does it take to sell a home in Washington Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
66 Days | 50 Days | -24.1% |
Summary: Homes in Washington Township had an average of 50 days on market in Mar 2024, down by 24.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in Washington Township; 50% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.