Is Wallingford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Wallingford was a Seller's Market.
Key Takeaway
Wallingford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wallingford, PA
How much do homes in Wallingford, PA cost?
Median Sold Price
$431,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wallingford have sold for 24.4% more than they did a year ago.
Summary: The median home sold price in Wallingford was $431,000 in March 2024, up 24.4% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143K | $168K | +17.5% |
| 2 Bedrooms | $196.5K | $248.7K | +26.6% |
| 3 Bedrooms | $319.9K | $380K | +18.8% |
| 4 Bedrooms | $660K | $575K | -12.9% |
| 5+ Bedrooms | $690K | $705K | +2.2% |
Summary: Wallingford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.5%, 2 bedroom homes increased by 26.6%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Wallingford | $346.5K | $431K | +24.4% |
| Nether Providence Township | $382.5K | $434K | +13.5% |
| Brookhaven | $249.9K | $270K | +8.0% |
| Swarthmore | $535K | $380K | -29.0% |
Housing Supply in Wallingford, PA
How many homes are available in Wallingford, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 35 | -12.5% |
Summary: The Wallingford real estate market had 35 homes for sale in March 2024, a 12.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Wallingford housing inventory by bedroom type for March 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 decreased by 30.8%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wallingford, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Wallingford in March 2024, down by 63.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Wallingford, PA
How long does it take to sell a home in Wallingford, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 17 Days | -60.4% |
Summary: Homes in Wallingford had an average of 17 days on market in Mar 2024, down by 60.4% 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
Key Takeaway
Many homes in Wallingford are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Wallingford; 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.
