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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wampum is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wampum was a Buyer's Market.

Key Takeaway

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

Housing Prices in Wampum, PA

How much do homes in Wampum, PA cost?

Median Sold Price

$220,000

$123/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$86,900(-28.3%)

Key Takeaway

Homes in Wampum have sold for 28.3% less than they did a month ago.

Summary: The median home sold price in Wampum was $220,000 in October 2024, down 28.3% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$222.5K
N/A
3 $306.9K$220K
-28.3%
4 --
N/A
5+ -$218.5K
N/A

Summary: Wampum housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wampum, PA

How many homes are available in Wampum, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The Wampum real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 33
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Wampum housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wampum, 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 Wampum in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Wampum, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
61 Days57 Days-5.5%

Summary: Homes in Wampum had an average of 57 days on market in Oct 2024, down by 5.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Wampum; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

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