Is Wilkins Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilkins Township is a seller's market

Buyer's
Market

Difference Since March 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

$178,750

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$300(+0.2%)

Key Takeaway

The sold price of homes in Wilkins Township has remained the same since last year.

Summary: The median home sold price in Wilkins Township was $178,750 in March 2024, up 0.2% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $129.5K$107.5K
-17.0%
3 $158.5K$165K
+4.1%
4 $314.9K$321K
+1.9%
5+ $43K$471.3K
+996.2%

Summary: Wilkins Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 996.2%.

Median Sold Price Compared To Nearby Cities

Turtle Creek
+25.3%
Forest Hills
+4.1%
Wilkins Township
0.2%
Churchill
-4.2%

Housing Supply in Wilkins Township, PA

How many homes are available in Wilkins Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3431-8.8%

Summary: The Wilkins Township real estate market had 31 homes for sale in March 2024, a 8.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2020
0.0%
4 84
-50.0%
5+ 12
+100.0%

Summary: The Wilkins Township 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilkins Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Wilkins Township in March 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Mar 2023Mar 2024CHANGE
58 Days52 Days-11.4%

Summary: Homes in Wilkins Township had an average of 52 days on market in Mar 2024, down by 11.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wilkins Township has remained consistent over time.

Summary: During March 2024, 6 homes were sold in Wilkins Township; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 26 Days Ago

Newest Listings in Wilkins Township, PA

Nearby Markets to Wilkins Township, PA

What housing markets are near Wilkins Township, PA?