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
$530,000
$254/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 $530,000 in April 2024, down 7% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $300K | +1.7% |
2 Bedrooms | $390K | $405K | +3.8% |
3 Bedrooms | $460K | $465K | +1.1% |
4 Bedrooms | $699.9K | $710.5K | +1.5% |
5+ Bedrooms | $884K | $860K | -2.7% |
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 1.7%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
Warminster | $423.5K | $449.7K | +6.2% |
Jamison | $625K | $637.5K | +2.0% |
Furlong | $630K | $603.9K | -4.1% |
Warwick Township | $570K | $530K | -7.0% |
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 |
---|---|---|
43 | 35 | -18.6% |
Summary: The Warwick Township real estate market had 35 homes for sale in April 2024, a 18.6% 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 | 8 | 5 | -37.5% |
3 Bedrooms | 14 | 10 | -28.6% |
4 Bedrooms | 16 | 13 | -18.8% |
5+ Bedrooms | 5 | 6 | +20.0% |
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 37.5%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Warwick Township in April 2024, the same as the previous month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% 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 |
---|---|---|
10 Days | 14 Days | +38.0% |
Summary: Homes in Warwick Township had an average of 14 days on market in Apr 2024, up by 38% compared to last year.
Breakdown of Home Sale Times
9 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, 12 homes were sold in Warwick Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.