Is Wilkinsburg, 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, Wilkinsburg was a Seller's Market.
Housing Prices in Wilkinsburg, PA
How much do homes in Wilkinsburg, PA cost?
Median Sold Price
$135,000
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wilkinsburg was $135,000 in March 2024, up 8% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $13.5K | - | N/A |
2 Bedrooms | $100K | $123K | +23.0% |
3 Bedrooms | $138.4K | $135K | -2.5% |
4 Bedrooms | $238K | $250K | +5.0% |
5+ Bedrooms | $189.9K | $305.8K | +61.1% |
Summary: Wilkinsburg 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 increased by 23%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 61.1%.
Median Sold Price Compared To Nearby Cities
Edgewood | $324K | $350.4K | +8.2% |
Wilkinsburg | $125K | $135K | +8.0% |
Forest Hills | $215K | $223.8K | +4.1% |
Penn Hills Township | $161.2K | $165K | +2.4% |
Churchill | $249.5K | $239K | -4.2% |
Housing Supply in Wilkinsburg, PA
How many homes are available in Wilkinsburg, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 55 | +22.2% |
Summary: The Wilkinsburg real estate market had 55 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 16 | +45.5% |
3 Bedrooms | 24 | 29 | +20.8% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Wilkinsburg 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 45.5%, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Wilkinsburg in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Wilkinsburg, PA
How long does it take to sell a home in Wilkinsburg, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 67 Days | +44.8% |
Summary: Homes in Wilkinsburg had an average of 67 days on market in Mar 2024, up by 44.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Wilkinsburg; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.