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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wampum is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wampum was a Buyer's Market.

Key Takeaway

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

Housing Prices in Wampum, PA

How much do homes in Wampum, PA cost?

Median Sold Price

$154,300

$186/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$110,600(-41.8%)

Key Takeaway

Homes in Wampum have sold for 41.8% less than they did a month ago.

Summary: The median home sold price in Wampum was $154,300 in March 2024, down 41.8% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$185K
N/A
3 $264.9K$123.6K
-53.3%
4 --
N/A
5+ --
N/A

Summary: Wampum 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 decreased by 53.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wampum, PA

How many homes are available in Wampum, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
89+12.5%

Summary: The Wampum real estate market had 9 homes for sale in March 2024, a 12.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 56
+20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Wampum 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Wampum in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Wampum, PA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
92 Days53 Days-41.8%

Summary: Homes in Wampum had an average of 53 days on market in Mar 2024, down by 41.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Wampum; 50% 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 18 Days Ago

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