Is Whitpain 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, Whitpain Township has remained a Buyer's Market.
Housing Prices in Whitpain Township, PA
How much do homes in Whitpain Township, PA cost?
Median Sold Price
$644,700
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Whitpain Township was $644,700 in March 2024, up 7.4% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249.9K | $232.5K | -7.0% |
2 Bedrooms | $361.7K | $364.9K | +0.9% |
3 Bedrooms | $515K | $601.7K | +16.8% |
4 Bedrooms | $682.5K | $728K | +6.7% |
5+ Bedrooms | $997.5K | $850K | -14.8% |
Summary: Whitpain Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 14.8%.
Median Sold Price Compared To Nearby Cities
Ambler | $507.5K | $642.2K | +26.6% |
Blue Bell | $569.9K | $625K | +9.7% |
Plymouth Meeting | $470K | $507.5K | +8.0% |
Whitpain Township | $600K | $644.7K | +7.4% |
Lower Gwynedd Township | $775K | $729K | -5.9% |
Housing Supply in Whitpain Township, PA
How many homes are available in Whitpain Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
63 | 70 | +11.1% |
Summary: The Whitpain Township real estate market had 70 homes for sale in March 2024, a 11.1% 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 | 7 | 7 | 0.0% |
3 Bedrooms | 19 | 20 | +5.3% |
4 Bedrooms | 21 | 26 | +23.8% |
5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Whitpain 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 remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Whitpain Township in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Whitpain Township, PA
How long does it take to sell a home in Whitpain Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 12 Days | -69.8% |
Summary: Homes in Whitpain Township had an average of 12 days on market in Mar 2024, down by 69.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Whitpain Township; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.