Is West Manchester Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Manchester Township has remained a Seller's Market.
Key Takeaway
West Manchester Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Manchester Township, PA
How much do homes in West Manchester Township, PA cost?
Median Sold Price
$250,250
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Manchester Township have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in West Manchester Township was $250,250 in April 2024, up 8.8% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101.2K | - | N/A |
| 2 Bedrooms | $170K | $192.5K | +13.2% |
| 3 Bedrooms | $230K | $250K | +8.7% |
| 4 Bedrooms | $307K | $375K | +22.1% |
| 5+ Bedrooms | $396K | $380K | -4.0% |
Summary: West Manchester Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
| York | $203.7K | $235K | +15.4% |
| West York | $149.9K | $164.5K | +9.7% |
| West Manchester Township | $230K | $250.2K | +8.8% |
| Spring Garden Township | $250K | $270K | +8.0% |
Housing Supply in West Manchester Township, PA
How many homes are available in West Manchester Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 45 | +4.7% |
Summary: The West Manchester Township real estate market had 45 homes for sale in April 2024, a 4.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The West Manchester Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Manchester Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in West Manchester Township in April 2024, down by 29.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for West Manchester Township, PA
How long does it take to sell a home in West Manchester Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 21 Days | +212.3% |
Summary: Homes in West Manchester Township had an average of 21 days on market in Apr 2024, up by 212.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Manchester Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in West Manchester Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
