Is West Deer Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Deer Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, West Deer Township has remained a Seller's Market.

Key Takeaway

West Deer Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in West Deer Township, PA

How much do homes in West Deer Township, PA cost?

Median Sold Price

$301,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,000(+3.8%)

Key Takeaway

Homes in West Deer Township have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in West Deer Township was $301,000 in November 2024, up 3.8% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $197.5K$160K
-19.0%
3 $295K$317.5K
+7.6%
4 $332.5K$378.8K
+13.9%
5+ $717.2K$445K
-38.0%

Summary: West Deer Township 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 decreased by 19%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 38%.

Median Sold Price Compared To Nearby Cities

West Deer Township
+3.8%
Gibsonia
-1.9%

Housing Supply in West Deer Township, PA

How many homes are available in West Deer Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4947-4.1%

Summary: The West Deer Township real estate market had 47 homes for sale in November 2024, a 4.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 3333
0.0%
4 1010
0.0%
5+ 11
0.0%

Summary: The West Deer 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 40%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Deer Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in West Deer Township in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for West Deer Township, PA

How long does it take to sell a home in West Deer Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
99 Days32 Days-67.3%

Summary: Homes in West Deer Township had an average of 32 days on market in Nov 2024, down by 67.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in West Deer Township; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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 West Deer Township, PA

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What housing markets are near West Deer Township, PA?