Is Warwick 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, Warwick Township has remained a Seller's Market.
Housing Prices in Warwick Township, PA
How much do homes in Warwick Township, PA cost?
Median Sold Price
$441,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Warwick Township was $441,000 in April 2024, up 18.1% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $300K | +5.3% |
2 Bedrooms | $380K | $407.5K | +7.2% |
3 Bedrooms | $315K | $372.5K | +18.3% |
4 Bedrooms | $437.9K | $492.5K | +12.5% |
5+ Bedrooms | $495K | $620K | +25.3% |
Summary: Warwick Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 25.3%.
Median Sold Price Compared To Nearby Cities
Clay Township | $330K | $430K | +30.3% |
Elizabeth Township | $186K | $225K | +21.0% |
Warwick Township | $373.5K | $441K | +18.1% |
Lititz | $375K | $429.7K | +14.6% |
Housing Supply in Warwick Township, PA
How many homes are available in Warwick Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 45 | -2.2% |
Summary: The Warwick Township real estate market had 45 homes for sale in April 2024, a 2.2% decrease 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 | 12 | 11 | -8.3% |
3 Bedrooms | 16 | 16 | 0.0% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Warwick Township 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 decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Warwick Township in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 8% were sold under asking, 46% were sold at asking, and 46% were sold over asking.
Days on Market for Warwick Township, PA
How long does it take to sell a home in Warwick Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 38 Days | +117.6% |
Summary: Homes in Warwick Township had an average of 38 days on market in Apr 2024, up by 117.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Warwick Township; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.