Is Whitman, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Whitman was a Neutral Market.
Key Takeaway
Whitman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Whitman, PA
How much do homes in Whitman, PA cost?
Median Sold Price
$265,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Whitman have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Whitman was $265,000 in April 2024, down 3.6% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $168K | $277K | +64.9% |
| 2 Bedrooms | $250K | $259.2K | +3.7% |
| 3 Bedrooms | $284.5K | $260K | -8.6% |
| 4 Bedrooms | $395K | $367.5K | -7.0% |
| 5+ Bedrooms | $565K | $515K | -8.8% |
Summary: Whitman housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.9%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Dickson Narrows | $395K | $455.5K | +15.3% |
| South Philadelphia | $346.4K | $340.5K | -1.7% |
| Whitman | $275K | $265K | -3.6% |
| East Oregon | $260K | $247.7K | -4.7% |
| Pennsport | $405K | $365K | -9.9% |
Housing Supply in Whitman, PA
How many homes are available in Whitman, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 59 | 0.0% |
Summary: The Whitman real estate market had 59 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 24 | 26 | +8.3% |
| 3 Bedrooms | 31 | 30 | -3.2% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Whitman housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Whitman, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Whitman in April 2024, down by 25.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 8% were sold at asking, and 8% were sold over asking.
Days on Market for Whitman, PA
How long does it take to sell a home in Whitman, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 70 Days | +169.2% |
Summary: Homes in Whitman had an average of 70 days on market in Apr 2024, up by 169.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Whitman are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Whitman; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
