Is Wilkinsburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Wilkinsburg was a Seller's Market.
Housing Prices in Wilkinsburg, PA
How much do homes in Wilkinsburg, PA cost?
Median Sold Price
$134,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wilkinsburg was $134,000 in April 2024, up 6.1% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $13.5K | - | N/A |
2 Bedrooms | $97.5K | $124.2K | +27.4% |
3 Bedrooms | $144.2K | $135K | -6.4% |
4 Bedrooms | $265K | $194K | -26.8% |
5+ Bedrooms | $189.9K | $305.8K | +61.1% |
Summary: Wilkinsburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.4%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes increased by 61.1%.
Median Sold Price Compared To Nearby Cities
Edgewood | $310K | $350.2K | +13.0% |
Wilkinsburg | $126.2K | $134K | +6.1% |
Forest Hills | $215K | $222.5K | +3.5% |
Churchill | $249K | $255K | +2.4% |
Penn Hills Township | $163.9K | $165K | +0.7% |
Housing Supply in Wilkinsburg, PA
How many homes are available in Wilkinsburg, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 56 | +5.7% |
Summary: The Wilkinsburg real estate market had 56 homes for sale in April 2024, a 5.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 16 | 17 | +6.3% |
3 Bedrooms | 27 | 27 | 0.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Wilkinsburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Wilkinsburg in April 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Wilkinsburg, PA
How long does it take to sell a home in Wilkinsburg, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 39 Days | -48.0% |
Summary: Homes in Wilkinsburg had an average of 39 days on market in Apr 2024, down by 48% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Wilkinsburg; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.