Is Willow Street, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willow Street is a seller's market

Buyer's
Market

Difference Since September 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

$330,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$5,000(+1.5%)

Key Takeaway

Homes in Willow Street have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Willow Street was $330,000 in September 2024, up 1.5% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $262.6K$287.9K
+9.6%
3 $300K$325.5K
+8.5%
4 $385K$355K
-7.8%
5+ $424K$692.5K
+63.3%

Summary: Willow Street 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 9.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 63.3%.

Median Sold Price Compared To Nearby Cities

West Lampeter Township
+12.5%
Willow Street
+1.5%
Pequea Township
-4.9%
Strasburg Township
-10.1%

Housing Supply in Willow Street, PA

How many homes are available in Willow Street, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1714-17.6%

Summary: The Willow Street real estate market had 14 homes for sale in September 2024, a 17.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 86
-25.0%
4 64
-33.3%
5+ 00
0.0%

Summary: The Willow Street housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
660.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willow Street, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Willow Street in September 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% 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

Sep 2023Sep 2024CHANGE
12 Days18 Days+42.6%

Summary: Homes in Willow Street had an average of 18 days on market in Sep 2024, up by 42.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Willow Street are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 6 homes were sold in Willow Street; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 Sep 1, 2024

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