$9,221 Closing Credit*
$776,510
2,738 SqFt
4 Beds
•2 Full Baths, 1 Partial
Dan Hagen, Listing Office: Realty One Group Advocates
Is Wallace Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Wallace Township has remained a Buyer's Market.
Key Takeaway
Wallace Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wallace Township, PA
How much do homes in Wallace Township, PA cost?
Median Sold Price
$705,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$74,000(+11.7%)
Key Takeaway
Homes in Wallace Township have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Wallace Township was $705,000 in November 2024, up 11.7% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $375K | - | N/A |
| 3 Bedrooms | $360K | $436K | +21.1% |
| 4 Bedrooms | $700K | $740K | +5.7% |
| 5+ Bedrooms | $790K | $800K | +1.3% |
Summary: Wallace Township 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 did not change, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Glenmoore | $577K | $670K | +16.1% |
| Wallace Township | $631K | $705K | +11.7% |
| West Nantmeal Township | $529K | $570K | +7.8% |
| Upper Uwchlan Township | $650K | $670K | +3.1% |
Housing Supply in Wallace Township, PA
How many homes are available in Wallace Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Wallace Township real estate market had 10 homes for sale in November 2024, a 16.7% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Wallace Township 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 decreased by 66.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 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 Wallace Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Wallace Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Wallace Township, PA
How long does it take to sell a home in Wallace Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 68 Days | +353.3% |
Summary: Homes in Wallace Township had an average of 68 days on market in Nov 2024, up by 353.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wallace Township has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Wallace Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
