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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Williamstown is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Williamstown was a Buyer's Market.

Key Takeaway

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

Housing Prices in Williamstown, PA

How much do homes in Williamstown, PA cost?

Median Sold Price

$165,450

$85/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$26,550(-13.8%)

Key Takeaway

Homes in Williamstown have sold for 13.8% less than they did a month ago.

Summary: The median home sold price in Williamstown was $165,450 in May 2024, down 13.8% from last month, and the median price per square foot was $85.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 -$216K
N/A
4 $192K$126K
-34.4%
5+ --
N/A

Summary: Williamstown housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 34.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Williams Township
+12.5%
Williamstown
-13.8%

Housing Supply in Williamstown, PA

How many homes are available in Williamstown, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
118-27.3%

Summary: The Williamstown real estate market had 8 homes for sale in May 2024, a 27.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 76
-14.3%
5+ 00
0.0%

Summary: The Williamstown 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Williamstown, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Williamstown in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Williamstown, PA

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

Average Sale Time

Apr 2024May 2024CHANGE
155 Days33 Days-78.7%

Summary: Homes in Williamstown had an average of 33 days on market in May 2024, down by 78.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 4 homes were sold in Williamstown; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Williamstown, PA

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