Is Willistown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Willistown Township has remained a Seller's Market.
Housing Prices in Willistown Township, PA
How much do homes in Willistown Township, PA cost?
Median Sold Price
$625,500
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Willistown Township was $625,500 in April 2024, up 17.5% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $313.7K | N/A |
2 Bedrooms | $352.5K | $390K | +10.6% |
3 Bedrooms | $454.7K | $555.4K | +22.1% |
4 Bedrooms | $620K | $851.5K | +37.3% |
5+ Bedrooms | $1.4M | $1.6M | +13.1% |
Summary: Willistown Township 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 10.6%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 37.3%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
Willistown Township | $532.5K | $625.5K | +17.5% |
Paoli | $459.5K | $492.5K | +7.2% |
Newtown Square | $675K | $718.6K | +6.5% |
Malvern | $705K | $734.2K | +4.1% |
Berwyn | $820K | $777.7K | -5.1% |
Housing Supply in Willistown Township, PA
How many homes are available in Willistown Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 43 | +19.4% |
Summary: The Willistown Township real estate market had 43 homes for sale in April 2024, a 19.4% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 18 | 21 | +16.7% |
4 Bedrooms | 10 | 14 | +40.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Willistown Township 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Willistown Township in April 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for Willistown Township, PA
How long does it take to sell a home in Willistown Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 13 Days | -40.4% |
Summary: Homes in Willistown Township had an average of 13 days on market in Apr 2024, down by 40.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Willistown Township; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.