Is Wharton Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wharton Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wharton Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Wharton Township, PA

How much do homes in Wharton Township, PA cost?

Median Sold Price

$215,000

$138/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$115,000(-34.8%)

Key Takeaway

Homes in Wharton Township have sold for 34.8% less than they did a month ago.

Summary: The median home sold price in Wharton Township was $215,000 in November 2024, down 34.8% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$215K
N/A
2 -$130K
N/A
3 --
N/A
4 $235K$500K
+112.8%
5+ $425K-
N/A

Summary: Wharton Township housing prices by bedroom type for November 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 did not change, 4 bedroom homes increased by 112.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wharton Township
-34.8%
Farmington
-34.8%

Housing Supply in Wharton Township, PA

How many homes are available in Wharton Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The Wharton Township real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 67
+16.7%
4 33
0.0%
5+ 10
-100.0%

Summary: The Wharton 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 increased by 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wharton Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wharton Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wharton Township, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
132 Days87 Days-34.1%

Summary: Homes in Wharton Township had an average of 87 days on market in Nov 2024, down by 34.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Wharton Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Wharton Township; 33% of homes were sold within 30 days, 33% 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 17 Days Ago

Newest Listings in Wharton Township, PA

Nearby Markets to Wharton Township, PA

What housing markets are near Wharton Township, PA?