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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Manchester Township is a seller's market

Buyer's
Market

Difference Since November 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

$250,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+4.2%)

Key Takeaway

Homes in West Manchester Township have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in West Manchester Township was $250,000 in November 2024, up 4.2% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $117.5K-
N/A
2 $183K$200K
+9.2%
3 $239.9K$246K
+2.5%
4 $352.4K$372.4K
+5.7%
5+ $400K$431.9K
+8.0%

Summary: West Manchester 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 increased by 9.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Cities

West York
+12.5%
West Manchester Township
+4.2%
York
+1.9%
Spring Garden Township
-3.6%

Housing Supply in West Manchester Township, PA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7159-16.9%

Summary: The West Manchester Township real estate market had 59 homes for sale in November 2024, a 16.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 1416
+14.3%
3 3430
-11.8%
4 2211
-50.0%
5+ 11
0.0%

Summary: The West Manchester Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2620-23.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Manchester Township, expect to pay close to the asking price. 35% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in West Manchester Township in November 2024, down by 23.1% month-over-month. Of the 20 sold homes, 30% were sold under asking, 35% were sold at asking, and 35% 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

Nov 2023Nov 2024CHANGE
19 Days19 Days0.5%

Summary: Homes in West Manchester Township had an average of 19 days on market in Nov 2024, up by 0.5% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 20 homes were sold in West Manchester Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in West Manchester Township, PA

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