Is Warminster Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Warminster Township has remained a Seller's Market.
Housing Prices in Warminster Township, PA
How much do homes in Warminster Township, PA cost?
Median Sold Price
$449,500
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Warminster Township was $449,500 in April 2024, up 7% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.5K | $200K | +19.4% |
2 Bedrooms | $260K | $290K | +11.5% |
3 Bedrooms | $407K | $426K | +4.7% |
4 Bedrooms | $477.4K | $510K | +6.8% |
5+ Bedrooms | $550K | $720K | +30.9% |
Summary: Warminster Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 30.9%.
Median Sold Price Compared To Nearby Cities
Warminster Township | $420K | $449.5K | +7.0% |
Warminster | $423.5K | $449.7K | +6.2% |
Upper Southampton Township | $425K | $435K | +2.4% |
Warwick Township | $570K | $530K | -7.0% |
Housing Supply in Warminster Township, PA
How many homes are available in Warminster Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 90 | +30.4% |
Summary: The Warminster Township real estate market had 90 homes for sale in April 2024, a 30.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 7 | +75.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 23 | 28 | +21.7% |
4 Bedrooms | 24 | 32 | +33.3% |
5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The Warminster Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Warminster Township in April 2024, up by 10.5% month-over-month. Of the 21 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Warminster Township, PA
How long does it take to sell a home in Warminster Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 11 Days | -50.5% |
Summary: Homes in Warminster Township had an average of 11 days on market in Apr 2024, down by 50.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Warminster Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.