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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Whiteland Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, West Whiteland Township has remained a Seller's Market.

Key Takeaway

West Whiteland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in West Whiteland Township, PA

How much do homes in West Whiteland Township, PA cost?

Median Sold Price

$480,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$28,000(+6.2%)

Key Takeaway

Homes in West Whiteland Township have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in West Whiteland Township was $480,000 in April 2024, up 6.2% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $245K-
N/A
2 $287.5K$311K
+8.2%
3 $417K$452.5K
+8.5%
4 $540K$600K
+11.1%
5+ $826K$628K
-24.0%

Summary: West Whiteland 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 increased by 8.2%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 24%.

Median Sold Price Compared To Nearby Cities

Exton
+6.6%
West Goshen Township
+6.3%
West Whiteland Township
+6.2%
Uwchlan Township
+6.2%
East Whiteland Township
+5.4%

Housing Supply in West Whiteland Township, PA

How many homes are available in West Whiteland Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3345+36.4%

Summary: The West Whiteland Township real estate market had 45 homes for sale in April 2024, a 36.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 01
+100.0%
3 1623
+43.8%
4 1218
+50.0%
5+ 43
-25.0%

Summary: The West Whiteland Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Whiteland Township, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in West Whiteland Township in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.

Days on Market for West Whiteland Township, PA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
24 Days9 Days-59.3%

Summary: Homes in West Whiteland Township had an average of 9 days on market in Apr 2024, down by 59.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 9 homes were sold in West Whiteland Township; 89% of homes were sold within 30 days, 11% 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 Apr 1, 2024

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