$5,461 Closing Credit*
$459,900
2 Beds
•2 Full Baths
Mindy Lutts, Listing Office: RE/MAX Keystone
Is Warwick Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Warwick Township has remained a Seller's Market.
Key Takeaway
Warwick Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Warwick Township, PA
How much do homes in Warwick Township, PA cost?
Median Sold Price
$487,500
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+2.6%)
Key Takeaway
Homes in Warwick Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Warwick Township was $487,500 in November 2024, up 2.6% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $300.5K | +1.9% |
| 2 Bedrooms | $415K | $407.7K | -1.7% |
| 3 Bedrooms | $475K | $527.5K | +11.1% |
| 4 Bedrooms | $800K | $631K | -21.1% |
| 5+ Bedrooms | $647.5K | $1.1M | +73.6% |
Summary: Warwick Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 73.6%.
Median Sold Price Compared To Nearby Cities
| Glenmoore | $577K | $670K | +16.1% |
| Warwick Township | $475K | $487.5K | +2.6% |
| South Coventry Township | $484K | $475K | -1.9% |
| North Coventry Township | $405K | $376K | -7.2% |
Housing Supply in Warwick Township, PA
How many homes are available in Warwick Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 20 | -20.0% |
Summary: The Warwick Township real estate market had 20 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Warwick Township 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 decreased by 27.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Warwick Township, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Warwick Township in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.
Days on Market for Warwick Township, PA
How long does it take to sell a home in Warwick Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 44 Days | +244.2% |
Summary: Homes in Warwick Township had an average of 44 days on market in Nov 2024, up by 244.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Warwick Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Warwick Township; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
