Is Wallingford, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wallingford is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wallingford was a Neutral Market.

Key Takeaway

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

Housing Prices in Wallingford, KY

How much do homes in Wallingford, KY cost?

Median Sold Price

$208,450

$196/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$28,450(+15.8%)

Key Takeaway

Homes in Wallingford have sold for 15.8% more than they did a month ago.

Summary: The median home sold price in Wallingford was $208,450 in March 2024, up 15.8% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$189.9K
N/A
2 --
N/A
3 -$363.5K
N/A
4 $180K-
N/A
5+ --
N/A

Summary: Wallingford housing prices by bedroom type for March 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tollesboro
+2508.7%
Wallingford
+15.8%

Housing Supply in Wallingford, KY

How many homes are available in Wallingford, KY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1314+7.7%

Summary: The Wallingford real estate market had 14 homes for sale in March 2024, a 7.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 02
+100.0%
2 12
+100.0%
3 66
0.0%
4 64
-33.3%
5+ 00
0.0%

Summary: The Wallingford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wallingford, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Wallingford in March 2024, up by 100.0% 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 Wallingford, KY

How long does it take to sell a home in Wallingford, KY?

Average Sale Time

Feb 2024Mar 2024CHANGE
16 Days75 Days+372.9%

Summary: Homes in Wallingford had an average of 75 days on market in Mar 2024, up by 372.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Wallingford are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 4 homes were sold in Wallingford; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 30 Days Ago

Newest Listings in Wallingford, KY

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