Is Willow Street, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Willow Street has remained a Seller's Market.
Key Takeaway
Willow Street is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willow Street, PA
How much do homes in Willow Street, PA cost?
Median Sold Price
$325,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Willow Street have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Willow Street was $325,000 in March 2024, up 6.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $375.4K | +53.2% |
| 3 Bedrooms | $278.7K | $315K | +13.0% |
| 4 Bedrooms | $385K | $373K | -3.1% |
| 5+ Bedrooms | $479K | $477.5K | -0.3% |
Summary: Willow Street 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 53.2%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Pequea Township | $303K | $343.4K | +13.3% |
| Willow Street | $305K | $325K | +6.6% |
| West Lampeter Township | $342.7K | $353.6K | +3.2% |
Housing Supply in Willow Street, PA
How many homes are available in Willow Street, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 24 | -20.0% |
Summary: The Willow Street real estate market had 24 homes for sale in March 2024, a 20.0% decrease 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 16 | 11 | -31.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Willow Street 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 decreased by 50%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willow Street, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Willow Street in March 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Willow Street, PA
How long does it take to sell a home in Willow Street, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 10 Days | 19 Days | +92.9% |
Summary: Homes in Willow Street had an average of 19 days on market in Mar 2024, up by 92.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Willow Street are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Willow Street; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
