$8,074 Closing Credit*
$679,900
2,390 SqFt
2 Beds
•3 Full Baths, 1 Partial
Ashlee Check, Listing Office: Compass Pennsylvania, LLC
Is Warminster, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Warminster has remained a Seller's Market.
Key Takeaway
Warminster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Warminster, PA
How much do homes in Warminster, PA cost?
Median Sold Price
$457,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,000(+7.3%)
Key Takeaway
Homes in Warminster have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Warminster was $457,000 in October 2024, up 7.3% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $182.5K | -8.8% |
| 2 Bedrooms | $311K | $350.2K | +12.6% |
| 3 Bedrooms | $420K | $450K | +7.1% |
| 4 Bedrooms | $490K | $520K | +6.1% |
| 5+ Bedrooms | $833.8K | $640K | -23.2% |
Summary: Warminster housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 23.2%.
Median Sold Price Compared To Nearby Cities
| Warwick Township | $510K | $560K | +9.8% |
| Jamison | $630K | $683K | +8.4% |
| Warminster Township | $425K | $457K | +7.5% |
| Warminster | $426K | $457K | +7.3% |
Housing Supply in Warminster, PA
How many homes are available in Warminster, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 116 | 102 | -12.1% |
Summary: The Warminster real estate market had 102 homes for sale in October 2024, a 12.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 30 | 27 | -10.0% |
| 3 Bedrooms | 45 | 39 | -13.3% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Warminster housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 34 | -12.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Warminster, you could pay more than the asking price. 35.3% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in Warminster in October 2024, down by 12.8% month-over-month. Of the 34 sold homes, 32% were sold under asking, 32% were sold at asking, and 35% were sold over asking.
Days on Market for Warminster, PA
How long does it take to sell a home in Warminster, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +23.3% |
Summary: Homes in Warminster had an average of 25 days on market in Oct 2024, up by 23.3% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Warminster are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 34 homes were sold in Warminster; 79% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
