Is The Wards, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Wards is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, The Wards has remained a Seller's Market.

Key Takeaway

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

Housing Prices in The Wards, PA

How much do homes in The Wards, PA cost?

Median Sold Price

$180,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+20.0%)

Key Takeaway

Homes in The Wards have sold for 20% more than they did a year ago.

Summary: The median home sold price in The Wards was $180,000 in October 2024, up 20% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$100K
N/A
2 $125K$142.5K
+14.0%
3 $150K$175K
+16.7%
4 $161.5K$190K
+17.6%
5+ $190K$197K
+3.7%

Summary: The Wards housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Neighborhoods

1st Ward
+28.6%
The Wards
+20.0%
Jordan Creek
+10.6%
6th Ward
+6.8%

Housing Supply in The Wards, PA

How many homes are available in The Wards, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1918-5.3%

Summary: The The Wards real estate market had 18 homes for sale in October 2024, a 5.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 78
+14.3%
4 54
-20.0%
5+ 65
-16.7%

Summary: The The Wards housing inventory by bedroom type for October 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 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Wards, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in The Wards in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for The Wards, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days20 Days+80.4%

Summary: Homes in The Wards had an average of 20 days on market in Oct 2024, up by 80.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in The Wards; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in The Wards, PA

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