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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Nantmeal Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, West Nantmeal Township was a Seller's Market.

Key Takeaway

West Nantmeal 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 Nantmeal Township, PA

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

Median Sold Price

$570,000

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,000(+7.8%)

Key Takeaway

Homes in West Nantmeal Township have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in West Nantmeal Township was $570,000 in November 2024, up 7.8% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $425K$487.5K
+14.7%
4 $552K$573.7K
+3.9%
5+ $835K-
N/A

Summary: West Nantmeal 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 did not change, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Caernarvon Township
+22.3%
Wallace Township
+11.7%
Honey Brook Township
+9.2%
West Nantmeal Township
+7.8%
Elverson
+3.5%

Housing Supply in West Nantmeal Township, PA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
46+50.0%

Summary: The West Nantmeal Township real estate market had 6 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 12
+100.0%
4 33
0.0%
5+ 00
0.0%

Summary: The West Nantmeal 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 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 Nantmeal Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in West Nantmeal Township in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for West Nantmeal Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days40 Days+344.4%

Summary: Homes in West Nantmeal Township had an average of 40 days on market in Nov 2024, up by 344.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Nantmeal Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in West Nantmeal Township; 0% of homes were sold within 30 days, 100% 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 24 Days Ago

Newest Listings in West Nantmeal Township, PA

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