$7,422 Closing Credit*
$625,000
1,830 SqFt
2 Beds
•2 Full Baths
Larry Minsky, Listing Office: Keller Williams Real Estate - Newtown
Is Warwick Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Warwick Township was a Seller's Market.
Key Takeaway
Warwick Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Warwick Township, PA
How much do homes in Warwick Township, PA cost?
Median Sold Price
$430,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$45,000(-9.5%)
Key Takeaway
Homes in Warwick Township have sold for 9.5% less than they did a year ago.
Summary: The median home sold price in Warwick Township was $430,000 in September 2024, down 9.5% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $300.5K | +1.9% |
| 2 Bedrooms | $415K | $407K | -1.9% |
| 3 Bedrooms | $482.5K | $432.5K | -10.4% |
| 4 Bedrooms | $656K | $672.7K | +2.6% |
| 5+ Bedrooms | $647.5K | $1.1M | +73.6% |
Summary: Warwick Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 73.6%.
Median Sold Price Compared To Nearby Cities
| Glenmoore | $580.7K | $665K | +14.5% |
| North Coventry Township | $409.9K | $375K | -8.5% |
| Warwick Township | $475K | $430K | -9.5% |
Housing Supply in Warwick Township, PA
How many homes are available in Warwick Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 22 | 26 | +18.2% |
Summary: The Warwick Township real estate market had 26 homes for sale in September 2024, a 18.2% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Warwick Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Warwick Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Warwick Township in September 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 14 Days | 87 Days | +525.0% |
Summary: Homes in Warwick Township had an average of 87 days on market in Sep 2024, up by 525% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Warwick Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Warwick Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
