$10,000 Closing Credit*
$850,000
3,525 SqFt
4 Beds
•3 Full Baths, 1 Partial
Teresa Boyer, Listing Office: KW Empower
Is Whitemarsh Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Whitemarsh Township was a Seller's Market.
Key Takeaway
Whitemarsh 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 Whitemarsh Township, PA
How much do homes in Whitemarsh Township, PA cost?
Median Sold Price
$615,000
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,000(+12.8%)
Key Takeaway
Homes in Whitemarsh Township have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Whitemarsh Township was $615,000 in October 2024, up 12.8% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $170K | +3.0% |
| 2 Bedrooms | $425K | $365K | -14.1% |
| 3 Bedrooms | $475K | $540K | +13.7% |
| 4 Bedrooms | $692.5K | $725K | +4.7% |
| 5+ Bedrooms | $1.0M | $1.2M | +18.2% |
Summary: Whitemarsh Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 14.1%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 18.2%.
Median Sold Price Compared To Nearby Cities
| Lafayette Hill | $540K | $652K | +20.7% |
| Plymouth Meeting | $477.5K | $550K | +15.2% |
| Whitemarsh Township | $545K | $615K | +12.8% |
| Plymouth Township | $466.2K | $520K | +11.5% |
| Springfield Township | $452.1K | $480K | +6.2% |
Housing Supply in Whitemarsh Township, PA
How many homes are available in Whitemarsh Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 53 | +26.2% |
Summary: The Whitemarsh Township real estate market had 53 homes for sale in October 2024, a 26.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 17 | +54.5% |
| 4 Bedrooms | 20 | 24 | +20.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Whitemarsh Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 54.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Whitemarsh 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 Whitemarsh Township in October 2024, down by 42.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Whitemarsh Township, PA
How long does it take to sell a home in Whitemarsh Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 11 Days | -62.3% |
Summary: Homes in Whitemarsh Township had an average of 11 days on market in Oct 2024, down by 62.3% 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
Key Takeaway
Many homes in Whitemarsh Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Whitemarsh 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.
