$3,194 Closing Credit*
$269,000
2,685 SqFt
4 Beds
•2 Full Baths
Sherie Babb, Listing Office: Berkshire Hathaway The Preferred Realty
Is New Wilmington, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, New Wilmington was a Neutral Market.
Key Takeaway
New Wilmington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Wilmington, PA
How much do homes in New Wilmington, PA cost?
Median Sold Price
$255,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,750(+19.0%)
Key Takeaway
Homes in New Wilmington have sold for 19% more than they did a year ago.
Summary: The median home sold price in New Wilmington was $255,000 in November 2024, up 19% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $263K | $249.9K | -5.0% |
| 3 Bedrooms | $189K | $299K | +58.2% |
| 4 Bedrooms | $243K | $250K | +2.9% |
| 5+ Bedrooms | $300K | $295K | -1.7% |
Summary: New Wilmington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 58.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Cities
| New Wilmington | $215.5K | $263K | +22.0% |
| New Wilmington | $214.2K | $255K | +19.0% |
Housing Supply in New Wilmington, PA
How many homes are available in New Wilmington, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The New Wilmington real estate market had 12 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The New Wilmington housing inventory by bedroom type for November 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Wilmington, 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 New Wilmington in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for New Wilmington, PA
How long does it take to sell a home in New Wilmington, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 117 Days | 142 Days | +20.9% |
Summary: Homes in New Wilmington had an average of 142 days on market in Nov 2024, up by 20.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in New Wilmington are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in New Wilmington; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
