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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wormleysburg is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wormleysburg was a Buyer's Market.

Key Takeaway

Wormleysburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wormleysburg, PA

How much do homes in Wormleysburg, PA cost?

Median Sold Price

$185,000

$143/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$174,900(-48.6%)

Key Takeaway

Homes in Wormleysburg have sold for 48.6% less than they did a month ago.

Summary: The median home sold price in Wormleysburg was $185,000 in March 2024, down 48.6% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$147K
N/A
3 -$217.5K
N/A
4 $359.9K-
N/A
5+ --
N/A

Summary: Wormleysburg housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wormleysburg, PA

How many homes are available in Wormleysburg, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
910+11.1%

Summary: The Wormleysburg real estate market had 10 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 57
+40.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Wormleysburg 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wormleysburg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wormleysburg in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Wormleysburg, PA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
86 Days12 Days-85.7%

Summary: Homes in Wormleysburg had an average of 12 days on market in Mar 2024, down by 85.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Wormleysburg; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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