Is West Manchester 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, West Manchester Township has remained a Seller's Market.
Key Takeaway
West Manchester Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Manchester Township, PA
How much do homes in West Manchester Township, PA cost?
Median Sold Price
$248,700
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in West Manchester Township have sold for 10% more than they did a year ago.
Summary: The median home sold price in West Manchester Township was $248,700 in March 2024, up 10% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.5K | - | N/A |
| 2 Bedrooms | $170K | $185K | +8.8% |
| 3 Bedrooms | $225K | $245K | +8.9% |
| 4 Bedrooms | $313.5K | $370K | +18.0% |
| 5+ Bedrooms | $396K | $365K | -7.8% |
Summary: West Manchester Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 18%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Cities
| York | $175.1K | $234.6K | +33.9% |
| Spring Garden Township | $234.9K | $269.9K | +14.9% |
| West York | $146.4K | $164.5K | +12.3% |
| West Manchester Township | $226K | $248.7K | +10.0% |
Housing Supply in West Manchester Township, PA
How many homes are available in West Manchester Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 52 | 55 | +5.8% |
Summary: The West Manchester Township real estate market had 55 homes for sale in March 2024, a 5.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The West Manchester Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Manchester Township, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in West Manchester Township in March 2024, up by 44.4% month-over-month. Of the 13 sold homes, 15% were sold under asking, 31% were sold at asking, and 54% were sold over asking.
Days on Market for West Manchester Township, PA
How long does it take to sell a home in West Manchester Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 7 Days | 9 Days | +14.6% |
Summary: Homes in West Manchester Township had an average of 9 days on market in Mar 2024, up by 14.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Manchester Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in West Manchester Township; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
