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
$228,920
$146/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 $228,920 in March 2024, down 4.6% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $81.7K | -58.1% |
2 Bedrooms | $137.5K | $160K | +16.4% |
3 Bedrooms | $240K | $230K | -4.2% |
4 Bedrooms | $333K | $342.4K | +2.8% |
5+ Bedrooms | $419.9K | $345K | -17.8% |
Summary: Washington Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.1%, 2 bedroom homes increased by 16.4%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 17.8%.
Median Sold Price Compared To Nearby Cities
Slatington | $200.1K | $259.9K | +29.9% |
Lehigh Township | $318.9K | $333.5K | +4.6% |
Washington Township | $240K | $228.9K | -4.6% |
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 |
---|---|---|
141 | 166 | +17.7% |
Summary: The Washington Township real estate market had 166 homes for sale in March 2024, a 17.7% 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 | 31 | 29 | -6.5% |
3 Bedrooms | 78 | 92 | +17.9% |
4 Bedrooms | 22 | 28 | +27.3% |
5+ Bedrooms | 9 | 14 | +55.6% |
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 6.5%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 37 | +94.7% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Washington Township in March 2024, up by 94.7% month-over-month. Of the 37 sold homes, 51% were sold under asking, 30% were sold at asking, and 19% 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 |
---|---|---|
65 Days | 51 Days | -22.0% |
Summary: Homes in Washington Township had an average of 51 days on market in Mar 2024, down by 22% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 37 homes were sold in Washington Township; 51% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.