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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Marlborough Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, West Marlborough Township has remained a Neutral Market.

Key Takeaway

West Marlborough 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 West Marlborough Township, PA

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

Median Sold Price

$650,000

$320/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$823,500(-55.9%)

Key Takeaway

Homes in West Marlborough Township have sold for 55.9% less than they did a month ago.

Summary: The median home sold price in West Marlborough Township was $650,000 in November 2024, down 55.9% from last month, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $1.4M$650K
-55.9%
5+ --
N/A

Summary: West Marlborough Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 55.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Londonderry Township
+14.5%
West Marlborough Township
-55.9%

Housing Supply in West Marlborough Township, PA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The West Marlborough Township real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 23
+50.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The West Marlborough 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Marlborough Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in West Marlborough Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for West Marlborough Township, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
7 Days5 Days-28.6%

Summary: Homes in West Marlborough Township had an average of 5 days on market in Nov 2024, down by 28.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 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 Marlborough Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in West Marlborough Township; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in West Marlborough Township, PA

Nearby Markets to West Marlborough Township, PA

What housing markets are near West Marlborough Township, PA?