Is Warminster, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warminster is a seller's market

Buyer's
Market

Difference Since November 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

$460,000

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+7.0%)

Key Takeaway

Homes in Warminster have sold for 7% more than they did a year ago.

Summary: The median home sold price in Warminster was $460,000 in November 2024, up 7% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $200K$182.5K
-8.8%
2 $320K$350K
+9.4%
3 $420.7K$450K
+7.0%
4 $495K$520K
+5.1%
5+ $850K$630K
-25.9%

Summary: Warminster housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 25.9%.

Median Sold Price Compared To Nearby Cities

Warwick Township
+11.4%
Warminster
+7.0%
Warminster Township
+7.0%
Jamison
+5.9%

Housing Supply in Warminster, PA

How many homes are available in Warminster, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10193-7.9%

Summary: The Warminster real estate market had 93 homes for sale in November 2024, a 7.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 2818
-35.7%
3 4142
+2.4%
4 1923
+21.1%
5+ 98
-11.1%

Summary: The Warminster housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 35.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3720-45.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warminster, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Warminster in November 2024, down by 45.9% month-over-month. Of the 20 sold homes, 45% were sold under asking, 30% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
15 Days19 Days+30.0%

Summary: Homes in Warminster had an average of 19 days on market in Nov 2024, up by 30% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 20 homes were sold in Warminster; 75% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 5% 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 17 Days Ago

Newest Listings in Warminster, PA

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