Is Whitman, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitman is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Whitman, PA

How much do homes in Whitman, PA cost?

Median Sold Price

$256,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$14,000(-5.2%)

Key Takeaway

Homes in Whitman have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Whitman was $256,000 in November 2024, down 5.2% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $168K$277K
+64.9%
2 $257.5K$250K
-2.9%
3 $270K$250.2K
-7.3%
4 $375K$375K
0.0%
5+ $547.5K$500K
-8.7%

Summary: Whitman housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.9%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 8.7%.

Median Sold Price Compared To Nearby Neighborhoods

Pennsport
+10.9%
South Philadelphia
+1.1%
East Oregon
+0.9%
Whitman
-5.2%
Dickson Narrows
-5.9%

Housing Supply in Whitman, PA

How many homes are available in Whitman, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6768+1.5%

Summary: The Whitman real estate market had 68 homes for sale in November 2024, a 1.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2527
+8.0%
3 3533
-5.7%
4 67
+16.7%
5+ 11
0.0%

Summary: The Whitman 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 8%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitman, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Whitman in November 2024, up by 8.3% month-over-month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.

Days on Market for Whitman, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days58 Days+31.7%

Summary: Homes in Whitman had an average of 58 days on market in Nov 2024, up by 31.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Whitman; 38% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 38% 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 18 Days Ago

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