Is Wilkins Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Wilkins Township was a Seller's Market.
Housing Prices in Wilkins Township, PA
How much do homes in Wilkins Township, PA cost?
Median Sold Price
$180,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wilkins Township was $180,000 in May 2024, up 2.3% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $127.5K | $108.2K | -15.1% |
3 Bedrooms | $153.3K | $169.9K | +10.8% |
4 Bedrooms | $334K | $274K | -18.0% |
5+ Bedrooms | $471.3K | $330K | -30.0% |
Summary: Wilkins Township 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 decreased by 15.1%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 18%, and 5+ bedroom homes decreased by 30%.
Median Sold Price Compared To Nearby Cities
Turtle Creek | $85.2K | $101.7K | +19.4% |
Forest Hills | $210K | $220.1K | +4.8% |
Wilkins Township | $176K | $180K | +2.3% |
Churchill | $262.5K | $239K | -9.0% |
Chalfant | $129K | $95K | -26.4% |
Housing Supply in Wilkins Township, PA
How many homes are available in Wilkins Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 32 | +6.7% |
Summary: The Wilkins Township real estate market had 32 homes for sale in May 2024, a 6.7% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 21 | 21 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Wilkins Township 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Wilkins Township in May 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Wilkins Township, PA
How long does it take to sell a home in Wilkins Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 18 Days | -46.1% |
Summary: Homes in Wilkins Township had an average of 18 days on market in May 2024, down by 46.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Wilkins Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.