$949 Closing Credit*
$79,900
1,404 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX of Reading
Is West Penn Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, West Penn Township was a Seller's Market.
Key Takeaway
West Penn 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 Penn Township, PA
How much do homes in West Penn Township, PA cost?
Median Sold Price
$340,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+6.3%)
Key Takeaway
Homes in West Penn Township have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in West Penn Township was $340,000 in November 2024, up 6.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $187.4K | -12.8% |
| 3 Bedrooms | $310K | $310K | 0.0% |
| 4 Bedrooms | $381.2K | $357.5K | -6.2% |
| 5+ Bedrooms | $320K | $416.4K | +30.1% |
Summary: West Penn 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 12.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 30.1%.
Median Sold Price Compared To Nearby Cities
| Tamaqua | $126.6K | $140K | +10.6% |
| West Penn Township | $320K | $340K | +6.3% |
Housing Supply in West Penn Township, PA
How many homes are available in West Penn Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Summary: The West Penn Township real estate market had 14 homes for sale in November 2024, a 22.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Penn 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 decreased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Penn Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in West Penn Township in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for West Penn Township, PA
How long does it take to sell a home in West Penn Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 3 Days | 33 Days | +842.9% |
Summary: Homes in West Penn Township had an average of 33 days on market in Nov 2024, up by 842.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Penn Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in West Penn Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
