Is Whitpain Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Whitpain Township was a Seller's Market.
Housing Prices in Whitpain Township, PA
How much do homes in Whitpain Township, PA cost?
Median Sold Price
$655,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Whitpain Township was $655,000 in April 2024, up 9.2% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $251.4K | $200K | -20.5% |
2 Bedrooms | $361K | $355K | -1.7% |
3 Bedrooms | $493.5K | $611K | +23.8% |
4 Bedrooms | $700K | $734.2K | +4.9% |
5+ Bedrooms | $975K | $855K | -12.3% |
Summary: Whitpain Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.5%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 12.3%.
Median Sold Price Compared To Nearby Cities
Ambler | $540K | $648.9K | +20.2% |
Blue Bell | $556.5K | $636K | +14.3% |
Plymouth Meeting | $468.7K | $516.1K | +10.1% |
Whitpain Township | $600K | $655K | +9.2% |
Lower Gwynedd Township | $772.1K | $729K | -5.6% |
Housing Supply in Whitpain Township, PA
How many homes are available in Whitpain Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 51 | +24.4% |
Summary: The Whitpain Township real estate market had 51 homes for sale in April 2024, a 24.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 9 | 14 | +55.6% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Whitpain Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 7 | -36.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Whitpain Township in April 2024, down by 36.4% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for Whitpain Township, PA
How long does it take to sell a home in Whitpain Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 12 Days | -22.8% |
Summary: Homes in Whitpain Township had an average of 12 days on market in Apr 2024, down by 22.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Whitpain Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.