Is Wallingford, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wallingford is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Wallingford, PA

How much do homes in Wallingford, PA cost?

Median Sold Price

$442,500

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$43,000(+10.8%)

Key Takeaway

Homes in Wallingford have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Wallingford was $442,500 in November 2024, up 10.8% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K$186K
+12.7%
2 $205K$280K
+36.6%
3 $370K$385K
+4.1%
4 $599.5K$612.5K
+2.2%
5+ $707.5K$847.5K
+19.8%

Summary: Wallingford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 36.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 19.8%.

Median Sold Price Compared To Nearby Cities

Wallingford
+10.8%
Nether Providence Township
+9.8%
Brookhaven
+3.1%
Swarthmore
-6.8%

Housing Supply in Wallingford, PA

How many homes are available in Wallingford, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3237+15.6%

Summary: The Wallingford real estate market had 37 homes for sale in November 2024, a 15.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 88
0.0%
3 813
+62.5%
4 1211
-8.3%
5+ 22
0.0%

Summary: The Wallingford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 62.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 8 homes were sold or pending in Wallingford in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Wallingford, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days28 Days+82.0%

Summary: Homes in Wallingford had an average of 28 days on market in Nov 2024, up by 82% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Wallingford; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 2 Days Ago

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