Is Wissahickon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Wissahickon was a Neutral Market.
Key Takeaway
Wissahickon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wissahickon, PA
How much do homes in Wissahickon, PA cost?
Median Sold Price
$337,450
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wissahickon have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in Wissahickon was $337,450 in April 2024, down 4.7% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $281K | +14.7% |
| 3 Bedrooms | $310K | $327K | +5.5% |
| 4 Bedrooms | $452.5K | $526.2K | +16.3% |
| 5+ Bedrooms | $500K | $275K | -45.0% |
Summary: Wissahickon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 45%.
Median Sold Price Compared To Nearby Neighborhoods
| Manayunk | $322.5K | $340.6K | +5.6% |
| Roxborough | $350K | $360K | +2.9% |
| East Falls | $330K | $335K | +1.5% |
| Germantown / Chestnut Hill | $306.3K | $295.4K | -3.6% |
| Wissahickon | $354K | $337.4K | -4.7% |
Housing Supply in Wissahickon, PA
How many homes are available in Wissahickon, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Wissahickon real estate market had 10 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wissahickon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wissahickon, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Wissahickon in April 2024, up by 100.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.
Days on Market for Wissahickon, PA
How long does it take to sell a home in Wissahickon, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 3 Days | -74.7% |
Summary: Homes in Wissahickon had an average of 3 days on market in Apr 2024, down by 74.7% 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 Wissahickon are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Wissahickon; 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.
