Is Willistown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Willistown Township has remained a Buyer's Market.
Housing Prices in Willistown Township, PA
How much do homes in Willistown Township, PA cost?
Median Sold Price
$615,000
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Willistown Township was $615,000 in February 2024, up 16% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $313.7K | N/A |
2 Bedrooms | $352.5K | $380K | +7.8% |
3 Bedrooms | $452.2K | $530K | +17.2% |
4 Bedrooms | $610K | $850K | +39.3% |
5+ Bedrooms | $1.4M | $1.7M | +20.6% |
Summary: Willistown Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 39.3%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Cities
Willistown Township | $530K | $615K | +16.0% |
Paoli | $452K | $510K | +12.8% |
Newtown Square | $660K | $725K | +9.8% |
Berwyn | $815K | $835K | +2.5% |
Malvern | $740K | $723.3K | -2.3% |
Housing Supply in Willistown Township, PA
How many homes are available in Willistown Township, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
58 | 52 | -10.3% |
Summary: The Willistown Township real estate market had 52 homes for sale in February 2024, a 10.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 16 | 12 | -25.0% |
5+ Bedrooms | 26 | 23 | -11.5% |
Summary: The Willistown Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 2 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Willistown Township in February 2024, down by 80.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
7 Days | 2 Days | -65.9% |
Summary: Homes in Willistown Township had an average of 2 days on market in Feb 2024, down by 65.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 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.