Is Wilmerding, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilmerding is a buyer's market

Buyer's
Market

Difference Since August 2023

Since last year, Wilmerding has remained a Buyer's Market.

Key Takeaway

Wilmerding is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wilmerding, PA

How much do homes in Wilmerding, PA cost?

Median Sold Price

$62,303

$55/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$5,138(+9.0%)

Key Takeaway

Homes in Wilmerding have sold for 9% more than they did a year ago.

Summary: The median home sold price in Wilmerding was $62,303 in August 2024, up 9% from last year, and the median price per square foot was $55.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $78.5K$62K
-21.0%
3 $76K$62.6K
-17.6%
4 $13K$64.5K
+396.2%
5+ $28K-
N/A

Summary: Wilmerding housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 396.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wilmerding
+9.0%
North Versailles Township
+1.5%
North Versailles
-0.6%
East Mc Keesport
-39.7%
East McKeesport
-39.7%

Housing Supply in Wilmerding, PA

How many homes are available in Wilmerding, PA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
109-10.0%

Summary: The Wilmerding real estate market had 9 homes for sale in August 2024, a 10.0% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 54
-20.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Wilmerding housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilmerding, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Wilmerding in August 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wilmerding, PA

How long does it take to sell a home in Wilmerding, PA?

Average Sale Time

Aug 2023Aug 2024CHANGE
296 Days34 Days-88.5%

Summary: Homes in Wilmerding had an average of 34 days on market in Aug 2024, down by 88.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wilmerding has remained consistent over time.

Summary: During August 2024, 1 homes were sold in Wilmerding; 0% of homes were sold within 30 days, 100% 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 18 Days Ago

Newest Listings in Wilmerding, PA

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