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
$210,500
$144/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 $210,500 in April 2024, up 7.9% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $46.2K | $90K | +94.6% |
2 Bedrooms | $117.5K | $148K | +26.0% |
3 Bedrooms | $214.2K | $217.3K | +1.5% |
4 Bedrooms | $240K | $303.5K | +26.5% |
5+ Bedrooms | $360K | $326K | -9.4% |
Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 94.6%, 2 bedroom homes increased by 26%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 26.5%, and 5+ bedroom homes decreased by 9.4%.
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 |
---|---|---|
155 | 155 | 0.0% |
Summary: The Washington Township real estate market had 155 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 | 32 | 30 | -6.3% |
3 Bedrooms | 89 | 86 | -3.4% |
4 Bedrooms | 20 | 24 | +20.0% |
5+ Bedrooms | 11 | 12 | +9.1% |
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 decreased by 6.3%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 42 | +16.7% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Washington Township in April 2024, up by 16.7% month-over-month. Of the 42 sold homes, 69% were sold under asking, 12% were sold at asking, and 19% 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 | 52 Days | -16.9% |
Summary: Homes in Washington Township had an average of 52 days on market in Apr 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in Washington Township; 52% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.