$5,332 Closing Credit*
$449,000
1,621 SqFt
3 Beds
•1 Full Bath, 1 Partial
Steve Gross, Listing Office: RE/MAX Preferred - Newtown Square
Is Willistown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Willistown Township was a Seller's Market.
Key Takeaway
Willistown Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Willistown Township, PA
How much do homes in Willistown Township, PA cost?
Median Sold Price
$625,500
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$48,500(+8.4%)
Key Takeaway
Homes in Willistown Township have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Willistown Township was $625,500 in September 2024, up 8.4% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $313.7K | - | N/A |
| 2 Bedrooms | $375K | $390K | +4.0% |
| 3 Bedrooms | $515K | $526.2K | +2.2% |
| 4 Bedrooms | $705K | $895K | +27.0% |
| 5+ Bedrooms | $1.7M | $1.6M | -9.1% |
Summary: Willistown Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 27%, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Cities
| Willistown Township | $577K | $625.5K | +8.4% |
| Newtown Square | $710K | $750K | +5.6% |
| Paoli | $484.2K | $510K | +5.3% |
| Malvern | $723.2K | $760K | +5.1% |
| Berwyn | $800K | $807.5K | +0.9% |
Housing Supply in Willistown Township, PA
How many homes are available in Willistown Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 38 | 42 | +10.5% |
Summary: The Willistown Township real estate market had 42 homes for sale in September 2024, a 10.5% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The Willistown Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
2 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 Willistown Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Willistown Township in September 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Willistown Township, PA
How long does it take to sell a home in Willistown Township, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 10 Days | 14 Days | +33.8% |
Summary: Homes in Willistown Township had an average of 14 days on market in Sep 2024, up by 33.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Willistown Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 5 homes were sold in Willistown Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
