Is Worcester 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, Worcester Township has remained a Buyer's Market.
Housing Prices in Worcester Township, PA
How much do homes in Worcester Township, PA cost?
Median Sold Price
$582,500
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Worcester Township was $582,500 in March 2024, down 6.4% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $455K | $452.5K | -0.5% |
4 Bedrooms | $759K | $625K | -17.7% |
5+ Bedrooms | $1.0M | $1.1M | +7.5% |
Summary: Worcester 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 did not change, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Cities
Whitpain Township | $600K | $644.7K | +7.4% |
Upper Gwynedd Township | $467.5K | $500K | +7.0% |
East Norriton Township | $352K | $354K | +0.6% |
Worcester Township | $622.5K | $582.5K | -6.4% |
Towamencin Township | $490K | $386K | -21.2% |
Housing Supply in Worcester Township, PA
How many homes are available in Worcester Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 59 | +5.4% |
Summary: The Worcester Township real estate market had 59 homes for sale in March 2024, a 5.4% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 31 | 30 | -3.2% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Worcester 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 remained the same, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 8 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Worcester Township in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Worcester Township, PA
How long does it take to sell a home in Worcester Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 40 Days | +429.9% |
Summary: Homes in Worcester Township had an average of 40 days on market in Mar 2024, up by 429.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Worcester Township; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.