Is Willow Street, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Willow Street has remained a Seller's Market.
Key Takeaway
Willow Street is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willow Street, PA
How much do homes in Willow Street, PA cost?
Median Sold Price
$305,000
$179/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Willow Street have sold for 9.3% less than they did a month ago.
Summary: The median home sold price in Willow Street was $305,000 in May 2024, down 9.3% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $305K | +5.2% |
| 3 Bedrooms | $341K | $305K | -10.6% |
| 4 Bedrooms | $332.7K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Willow Street housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.2%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Willow Street, PA
How many homes are available in Willow Street, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The Willow Street real estate market had 15 homes for sale in May 2024, a 16.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Willow Street housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
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 Willow Street, 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 Willow Street in May 2024, down by 50.0% 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 Willow Street, PA
How long does it take to sell a home in Willow Street, PA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 Days | 4 Days | -57.4% |
Summary: Homes in Willow Street had an average of 4 days on market in May 2024, down by 57.4% compared to last month.
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 Willow Street are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Willow Street; 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.
