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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westtown Township is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Westtown Township has remained a Seller's Market.

Key Takeaway

Westtown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Westtown Township, PA

How much do homes in Westtown Township, PA cost?

Median Sold Price

$632,500

$255/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since December 2023.

Key Takeaway

The sold price of homes in Westtown Township has remained the same since last year.

Summary: The median home sold price in Westtown Township was $632,500 in December 2024, the same as last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $401.2K$428K
+6.7%
3 $475K$455.5K
-4.1%
4 $700K$750.7K
+7.2%
5+ $837.5K$923.4K
+10.3%

Summary: Westtown Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Cities

West Goshen Township
+6.8%
Thornbury Township
+0.9%
Westtown Township
0.0%
Thornbury Township
-1.3%

Housing Supply in Westtown Township, PA

How many homes are available in Westtown Township, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3127-12.9%

Summary: The Westtown Township real estate market had 27 homes for sale in December 2024, a 12.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 97
-22.2%
4 1516
+6.7%
5+ 43
-25.0%

Summary: The Westtown Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westtown Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Westtown Township in December 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Westtown Township, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
20 Days11 Days-44.3%

Summary: Homes in Westtown Township had an average of 11 days on market in Dec 2024, down by 44.3% compared to last year.

Breakdown of Home Sale Times

7 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

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

Summary: During December 2024, 8 homes were sold in Westtown Township; 88% of homes were sold within 30 days, 13% 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 4 Days Ago

Newest Listings in Westtown Township, PA

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What housing markets are near Westtown Township, PA?