Is Warrington 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, Warrington Township has remained a Seller's Market.
Housing Prices in Warrington Township, PA
How much do homes in Warrington Township, PA cost?
Median Sold Price
$560,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Warrington Township was $560,000 in April 2024, up 9.8% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $355K | $419.9K | +18.3% |
3 Bedrooms | $470K | $500K | +6.4% |
4 Bedrooms | $677.5K | $702.5K | +3.7% |
5+ Bedrooms | $1.0M | $785K | -21.8% |
Summary: Warrington Township 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 18.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 21.8%.
Median Sold Price Compared To Nearby Cities
Warrington Township | $510K | $560K | +9.8% |
Doylestown Township | $620K | $643.3K | +3.8% |
Jamison | $625K | $637.5K | +2.0% |
New Britain Township | $500K | $505K | +1.0% |
Warwick Township | $570K | $530K | -7.0% |
Housing Supply in Warrington Township, PA
How many homes are available in Warrington Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 68 | +28.3% |
Summary: The Warrington Township real estate market had 68 homes for sale in April 2024, a 28.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 14 | +40.0% |
3 Bedrooms | 20 | 23 | +15.0% |
4 Bedrooms | 19 | 26 | +36.8% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Warrington Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 14 | -26.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Warrington Township in April 2024, down by 26.3% month-over-month. Of the 14 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for Warrington Township, PA
How long does it take to sell a home in Warrington Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 10 Days | -77.5% |
Summary: Homes in Warrington Township had an average of 10 days on market in Apr 2024, down by 77.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Warrington Township; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.