Is Willistown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Willistown Township has remained a Seller's Market.
Key Takeaway
Willistown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willistown Township, PA
How much do homes in Willistown Township, PA cost?
Median Sold Price
$625,500
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Willistown Township have sold for 17.5% more than they did a year ago.
Summary: The median home sold price in Willistown Township was $625,500 in April 2024, up 17.5% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $313.7K | N/A |
| 2 Bedrooms | $352.5K | $390K | +10.6% |
| 3 Bedrooms | $454.7K | $555.4K | +22.1% |
| 4 Bedrooms | $620K | $851.5K | +37.3% |
| 5+ Bedrooms | $1.4M | $1.6M | +13.1% |
Summary: Willistown 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 increased by 10.6%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 37.3%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
| Willistown Township | $532.5K | $625.5K | +17.5% |
| Paoli | $459.5K | $492.5K | +7.2% |
| Newtown Square | $675K | $718.6K | +6.5% |
| Malvern | $705K | $734.2K | +4.1% |
| Berwyn | $820K | $777.7K | -5.1% |
Housing Supply in Willistown Township, PA
How many homes are available in Willistown Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 43 | +19.4% |
Summary: The Willistown Township real estate market had 43 homes for sale in April 2024, a 19.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Willistown 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willistown Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Willistown Township in April 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for Willistown Township, PA
How long does it take to sell a home in Willistown Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 13 Days | -40.4% |
Summary: Homes in Willistown Township had an average of 13 days on market in Apr 2024, down by 40.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Willistown Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Willistown Township; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
