Is Wilkins Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Wilkins Township has remained a Seller's Market.
Key Takeaway
Wilkins Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wilkins Township, PA
How much do homes in Wilkins Township, PA cost?
Median Sold Price
$177,250
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Wilkins Township have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Wilkins Township was $177,250 in June 2024, up 1.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127.5K | $108.2K | -15.1% |
| 3 Bedrooms | $153.3K | $169.9K | +10.8% |
| 4 Bedrooms | $325K | $256K | -21.2% |
| 5+ Bedrooms | $471.3K | $330K | -30.0% |
Summary: Wilkins Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.1%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes decreased by 30%.
Median Sold Price Compared To Nearby Cities
| Forest Hills | $215K | $223K | +3.7% |
| Wilkins Township | $175K | $177.2K | +1.3% |
| Turtle Creek | $90K | $91K | +1.1% |
| Churchill | $266.2K | $260K | -2.3% |
Housing Supply in Wilkins Township, PA
How many homes are available in Wilkins Township, PA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 31 | 38 | +22.6% |
Summary: The Wilkins Township real estate market had 38 homes for sale in June 2024, a 22.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 20 | 26 | +30.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Wilkins Township housing inventory by bedroom type for June 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 30%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wilkins Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Wilkins Township in June 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Wilkins Township, PA
How long does it take to sell a home in Wilkins Township, PA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 23 Days | 93 Days | +294.3% |
Summary: Homes in Wilkins Township had an average of 93 days on market in Jun 2024, up by 294.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wilkins Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 8 homes were sold in Wilkins Township; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
