Is Wexford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Wexford has remained a Seller's Market.
Housing Prices in Wexford, PA
How much do homes in Wexford, PA cost?
Median Sold Price
$495,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wexford was $495,000 in May 2024, up 12.1% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $201.2K | N/A |
2 Bedrooms | $216.5K | $274K | +26.6% |
3 Bedrooms | $368.7K | $391.2K | +6.1% |
4 Bedrooms | $542.5K | $580.2K | +7.0% |
5+ Bedrooms | $841.5K | $945K | +12.3% |
Summary: Wexford housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
Wexford | $441.7K | $495K | +12.1% |
Bradford Woods | $517.5K | $540K | +4.3% |
Bradfordwoods | $517.5K | $540K | +4.3% |
Pine Township | $605K | $621K | +2.6% |
Marshall Township | $539K | $512.5K | -4.9% |
Housing Supply in Wexford, PA
How many homes are available in Wexford, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
81 | 91 | +12.3% |
Summary: The Wexford real estate market had 91 homes for sale in May 2024, a 12.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 24 | 24 | 0.0% |
4 Bedrooms | 37 | 46 | +24.3% |
5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Wexford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Wexford in May 2024, up by 13.0% month-over-month. Of the 26 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.
Days on Market for Wexford, PA
How long does it take to sell a home in Wexford, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 30 Days | +27.4% |
Summary: Homes in Wexford had an average of 30 days on market in May 2024, up by 27.4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 26 homes were sold in Wexford; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.