Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, PA
How much do homes in Washington Township, PA cost?
Median Sold Price
$229,100
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Washington Township was $229,100 in April 2024, down 2% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $134.2K | $90K | -33.0% |
2 Bedrooms | $149.9K | $158K | +5.4% |
3 Bedrooms | $235K | $227.3K | -3.3% |
4 Bedrooms | $330K | $354.9K | +7.5% |
5+ Bedrooms | $345K | $362.5K | +5.1% |
Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33%, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Walnutport | $261.4K | $325K | +24.3% |
Slatington | $232.5K | $265.5K | +14.2% |
Lehigh Township | $321.2K | $335K | +4.3% |
Washington Township | $233.7K | $229.1K | -2.0% |
Housing Supply in Washington Township, PA
How many homes are available in Washington Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
161 | 161 | 0.0% |
Summary: The Washington Township real estate market had 161 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 28 | 28 | 0.0% |
3 Bedrooms | 89 | 88 | -1.1% |
4 Bedrooms | 26 | 28 | +7.7% |
5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Washington 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 remained the same, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 44 | +15.8% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Washington Township in April 2024, up by 15.8% month-over-month. Of the 44 sold homes, 66% were sold under asking, 14% were sold at asking, and 20% were sold over asking.
Days on Market for Washington Township, PA
How long does it take to sell a home in Washington Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 47 Days | -25.1% |
Summary: Homes in Washington Township had an average of 47 days on market in Apr 2024, down by 25.1% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 44 homes were sold in Washington Township; 57% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.