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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Pennsboro Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in West Pennsboro Township, PA

How much do homes in West Pennsboro Township, PA cost?

Median Sold Price

$337,500

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$77,500(+29.8%)

Key Takeaway

Homes in West Pennsboro Township have sold for 29.8% more than they did a year ago.

Summary: The median home sold price in West Pennsboro Township was $337,500 in February 2024, up 29.8% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $180K$187.4K
+4.1%
3 $233K$330K
+41.6%
4 $441K$360K
-18.4%
5+ $460K$404.9K
-12.0%

Summary: West Pennsboro Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 41.6%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 12%.

Housing Supply in West Pennsboro Township, PA

How many homes are available in West Pennsboro Township, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1721+23.5%

Summary: The West Pennsboro Township real estate market had 21 homes for sale in February 2024, a 23.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 711
+57.1%
4 66
0.0%
5+ 33
0.0%

Summary: The West Pennsboro Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Pennsboro Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in West Pennsboro Township in February 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for West Pennsboro Township, PA

How long does it take to sell a home in West Pennsboro Township, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
35 Days37 Days+5.0%

Summary: Homes in West Pennsboro Township had an average of 37 days on market in Feb 2024, up by 5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Pennsboro Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 4 homes were sold in West Pennsboro Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in West Pennsboro Township, PA

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