Is East Washington, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Washington is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, East Washington has remained a Seller's Market.

Key Takeaway

East Washington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Washington, PA

How much do homes in East Washington, PA cost?

Median Sold Price

$254,500

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,500(+3.9%)

Key Takeaway

Homes in East Washington have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in East Washington was $254,500 in November 2024, up 3.9% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$163K
N/A
3 $230K$200K
-13.0%
4 $197K$325K
+65.0%
5+ $318K$392.5K
+23.4%

Summary: East Washington housing prices by bedroom type for November 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 decreased by 13%, 4 bedroom homes increased by 65%, and 5+ bedroom homes increased by 23.4%.

Median Sold Price Compared To Nearby Cities

Washington
+9.5%
East Washington
+3.9%
South Strabane Township
-0.4%

Housing Supply in East Washington, PA

How many homes are available in East Washington, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The East Washington real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 21
-50.0%
5+ 33
0.0%

Summary: The East Washington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Washington, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in East Washington in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for East Washington, PA

How long does it take to sell a home in East Washington, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days198 Days+1031.4%

Summary: Homes in East Washington had an average of 198 days on market in Nov 2024, up by 1031.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in East Washington are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in East Washington; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

Newest Listings in East Washington, PA

Nearby Markets to East Washington, PA

What housing markets are near East Washington, PA?