Is West Whiteland Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, West Whiteland Township was a Seller's Market.
Key Takeaway
West Whiteland Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in West Whiteland Township, PA
How much do homes in West Whiteland Township, PA cost?
Median Sold Price
$480,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in West Whiteland Township have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in West Whiteland Township was $480,000 in March 2024, up 6.7% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | - | N/A |
| 2 Bedrooms | $282.5K | $307K | +8.7% |
| 3 Bedrooms | $427.5K | $450K | +5.3% |
| 4 Bedrooms | $530.1K | $604.5K | +14.0% |
| 5+ Bedrooms | $752.5K | $650K | -13.6% |
Summary: West Whiteland 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 8.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 13.6%.
Median Sold Price Compared To Nearby Cities
| West Goshen Township | $550K | $600K | +9.1% |
| Exton | $525K | $565K | +7.6% |
| West Whiteland Township | $450K | $480K | +6.7% |
| Uwchlan Township | $547.5K | $555K | +1.4% |
| East Whiteland Township | $575K | $575K | 0.0% |
Housing Supply in West Whiteland Township, PA
How many homes are available in West Whiteland Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 53 | 55 | +3.8% |
Summary: The West Whiteland Township real estate market had 55 homes for sale in March 2024, a 3.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 0 | -100.0% |
| 3 Bedrooms | 21 | 26 | +23.8% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The West Whiteland Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Whiteland Township, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in West Whiteland Township in March 2024, down by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for West Whiteland Township, PA
How long does it take to sell a home in West Whiteland Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 13 Days | -62.7% |
Summary: Homes in West Whiteland Township had an average of 13 days on market in Mar 2024, down by 62.7% compared to last year.
Breakdown of Home Sale Times
8 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 Whiteland Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in West Whiteland Township; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
