Is Wilkins Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilkins Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Wilkins Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wilkins Township, PA

How much do homes in Wilkins Township, PA cost?

Median Sold Price

$194,580

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$18,580(+10.6%)

Key Takeaway

Homes in Wilkins Township have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Wilkins Township was $194,580 in April 2024, up 10.6% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $129K$108.2K
-16.1%
3 $159.9K$174.9K
+9.4%
4 $329.9K$320K
-3.0%
5+ -$471.3K
N/A

Summary: Wilkins Township 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 decreased by 16.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Turtle Creek
+31.6%
Wilkins Township
+10.6%
Forest Hills
+3.5%
Churchill
+2.4%

Housing Supply in Wilkins Township, PA

How many homes are available in Wilkins Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
29290.0%

Summary: The Wilkins Township real estate market had 29 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2120
-4.8%
4 44
0.0%
5+ 22
0.0%

Summary: The Wilkins Township 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 increased by 50%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Wilkins Township in April 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Wilkins Township, PA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
40 Days52 Days+28.1%

Summary: Homes in Wilkins Township had an average of 52 days on market in Apr 2024, up by 28.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wilkins Township has remained consistent over time.

Summary: During April 2024, 6 homes were sold in Wilkins Township; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 2 Days Ago

Newest Listings in Wilkins Township, PA

Nearby Markets to Wilkins Township, PA

What housing markets are near Wilkins Township, PA?