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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wexford is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Wexford was a Seller's Market.

Key Takeaway

Wexford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wexford, PA

How much do homes in Wexford, PA cost?

Median Sold Price

$515,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+8.4%)

Key Takeaway

Homes in Wexford have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Wexford was $515,000 in November 2024, up 8.4% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $154.5K$248K
+60.5%
2 $233K$287.5K
+23.4%
3 $379.4K$413K
+8.8%
4 $580K$615K
+6.0%
5+ $910.3K$990K
+8.8%

Summary: Wexford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.5%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Cities

Marshall Township
+10.6%
Wexford
+8.4%
Pine Township
+3.4%

Housing Supply in Wexford, PA

How many homes are available in Wexford, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8476-9.5%

Summary: The Wexford real estate market had 76 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2827
-3.6%
4 3935
-10.3%
5+ 1311
-15.4%

Summary: The Wexford 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 decreased by 25%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2210-54.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wexford, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Wexford in November 2024, down by 54.5% month-over-month. Of the 10 sold homes, 70% were sold under asking, 0% were sold at asking, and 30% were sold over asking.

Days on Market for Wexford, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days33 Days+73.6%

Summary: Homes in Wexford had an average of 33 days on market in Nov 2024, up by 73.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Wexford; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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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