Is Westtown Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westtown Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Westtown Township was a Neutral Market.

Key Takeaway

Westtown Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Westtown Township, PA

How much do homes in Westtown Township, PA cost?

Median Sold Price

$395,000

$260/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$317,000(-44.5%)

Key Takeaway

Homes in Westtown Township have sold for 44.5% less than they did a month ago.

Summary: The median home sold price in Westtown Township was $395,000 in April 2024, down 44.5% from last month, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $433K$395K
-8.8%
4 $719.2K-
N/A
5+ --
N/A

Summary: Westtown Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Thornbury Township
+31.2%
Westtown Township
-44.5%

Housing Supply in Westtown Township, PA

How many homes are available in Westtown Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1824+33.3%

Summary: The Westtown Township real estate market had 24 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 48
+100.0%
4 1012
+20.0%
5+ 33
0.0%

Summary: The Westtown 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 increased by 100%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westtown Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Westtown Township in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Westtown Township, PA

How long does it take to sell a home in Westtown Township, PA?

Average Sale Time

Mar 2024Apr 2024CHANGE
8 Days6 Days-25.0%

Summary: Homes in Westtown Township had an average of 6 days on market in Apr 2024, down by 25% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Westtown Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Westtown Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Westtown Township, PA

Nearby Markets to Westtown Township, PA

What housing markets are near Westtown Township, PA?