Is Washington Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Washington Township was a Seller's Market.
Housing Prices in Washington Township, PA
How much do homes in Washington Township, PA cost?
Median Sold Price
$215,000
$141/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since February 2023.
Summary: The median home sold price in Washington Township was $215,000 in February 2024, the same as last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $21K | $81.7K | +289.3% |
2 Bedrooms | $152.4K | $149K | -2.3% |
3 Bedrooms | $232.5K | $225K | -3.2% |
4 Bedrooms | $335K | $295K | -11.9% |
5+ Bedrooms | $770K | $326K | -57.7% |
Summary: Washington Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 289.3%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes decreased by 57.7%.
Median Sold Price Compared To Nearby Cities
Franklin Township | $122.5K | $175K | +42.9% |
Washington Township | $215K | $215K | 0.0% |
Housing Supply in Washington Township, PA
How many homes are available in Washington Township, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
118 | 125 | +5.9% |
Summary: The Washington Township real estate market had 125 homes for sale in February 2024, a 5.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 30 | 31 | +3.3% |
3 Bedrooms | 69 | 70 | +1.4% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Washington Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
28 | 19 | -32.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Washington Township in February 2024, down by 32.1% month-over-month. Of the 19 sold homes, 53% were sold under asking, 32% were sold at asking, and 16% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
73 Days | 51 Days | -29.9% |
Summary: Homes in Washington Township had an average of 51 days on market in Feb 2024, down by 29.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 19 homes were sold in Washington Township; 37% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.