Is Fort Washington, 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, Fort Washington was a Seller's Market.
Key Takeaway
Fort Washington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fort Washington, PA
How much do homes in Fort Washington, PA cost?
Median Sold Price
$630,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fort Washington have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Fort Washington was $630,000 in April 2024, up 0.8% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $190K | N/A |
| 2 Bedrooms | $200K | $377.5K | +88.8% |
| 3 Bedrooms | $499.9K | $468K | -6.4% |
| 4 Bedrooms | $692.5K | $650K | -6.1% |
| 5+ Bedrooms | $675K | $790K | +17.0% |
Summary: Fort Washington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 88.8%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 17%.
Median Sold Price Compared To Nearby Cities
| Ambler | $540K | $648.9K | +20.2% |
| Springfield Township | $443.9K | $475K | +7.0% |
| Upper Dublin Township | $549.9K | $563.4K | +2.5% |
| Fort Washington | $625K | $630K | +0.8% |
| Dresher | $604.5K | $565K | -6.5% |
Housing Supply in Fort Washington, PA
How many homes are available in Fort Washington, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Summary: The Fort Washington real estate market had 8 homes for sale in April 2024, a 166.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fort Washington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Washington, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Fort Washington in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fort Washington, PA
How long does it take to sell a home in Fort Washington, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 13 Days | 0.0% |
Summary: Homes in Fort Washington had an average of 13 days on market in Apr 2024, the same as last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Washington are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Fort Washington; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
