Is Worcester 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, Worcester Township has remained a Seller's Market.
Housing Prices in Worcester Township, PA
How much do homes in Worcester Township, PA cost?
Median Sold Price
$595,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Worcester Township was $595,000 in April 2024, down 0.6% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $445K | $453.5K | +1.9% |
4 Bedrooms | $782.5K | $720K | -8.0% |
5+ Bedrooms | $1.0M | $1.0M | -1.2% |
Summary: Worcester 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 did not change, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
Upper Gwynedd Township | $447.5K | $509K | +13.7% |
Whitpain Township | $600K | $655K | +9.2% |
East Norriton Township | $353.5K | $353K | -0.1% |
Worcester Township | $598.5K | $595K | -0.6% |
Towamencin Township | $460K | $422.4K | -8.2% |
Housing Supply in Worcester Township, PA
How many homes are available in Worcester Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 38 | +22.6% |
Summary: The Worcester Township real estate market had 38 homes for sale in April 2024, a 22.6% 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 | 0 | 1 | +100.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Worcester 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 100%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Worcester Township in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for Worcester Township, PA
How long does it take to sell a home in Worcester Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 12 Days | +79.7% |
Summary: Homes in Worcester Township had an average of 12 days on market in Apr 2024, up by 79.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Worcester 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.