Is Womelsdorf, 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, Womelsdorf was a Buyer's Market.
Key Takeaway
Womelsdorf is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Womelsdorf, PA
How much do homes in Womelsdorf, PA cost?
Median Sold Price
$250,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Womelsdorf have sold for 31.6% more than they did a year ago.
Summary: The median home sold price in Womelsdorf was $250,000 in May 2024, up 31.6% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $141K | +28.2% |
| 2 Bedrooms | - | $210K | N/A |
| 3 Bedrooms | $189.9K | $270K | +42.1% |
| 4 Bedrooms | $216.5K | $192.3K | -11.1% |
| 5+ Bedrooms | $286K | $295K | +3.1% |
Summary: Womelsdorf housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 42.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in Womelsdorf, PA
How many homes are available in Womelsdorf, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Womelsdorf real estate market had 19 homes for sale in May 2024, a 5.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Womelsdorf 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 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Womelsdorf, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Womelsdorf in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Womelsdorf, PA
How long does it take to sell a home in Womelsdorf, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 7 Days | 8 Days | +26.2% |
Summary: Homes in Womelsdorf had an average of 8 days on market in May 2024, up by 26.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Womelsdorf are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Womelsdorf; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
