$6,442 Closing Credit*
$542,500
2,014 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jenn Reddinger, Listing Office: Compass Pennsylvania, Llc
Is Wilkinsburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Wilkinsburg has remained a Seller's Market.
Key Takeaway
Wilkinsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wilkinsburg, PA
How much do homes in Wilkinsburg, PA cost?
Median Sold Price
$130,950
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$4,050(-3.0%)
Key Takeaway
Homes in Wilkinsburg have sold for 3% less than they did a year ago.
Summary: The median home sold price in Wilkinsburg was $130,950 in December 2024, down 3% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $13.5K | - | N/A |
| 2 Bedrooms | $126.2K | $123K | -2.6% |
| 3 Bedrooms | $136.8K | $128K | -6.5% |
| 4 Bedrooms | $257.5K | $223.2K | -13.3% |
| 5+ Bedrooms | $374.6K | $130K | -65.3% |
Summary: Wilkinsburg housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 65.3%.
Median Sold Price Compared To Nearby Cities
| Churchill | $244K | $294.9K | +20.9% |
| Forest Hills | $220K | $235.1K | +6.9% |
| Penn Hills Township | $165K | $175K | +6.1% |
| Wilkinsburg | $135K | $130.9K | -3.0% |
| Edgewood | $342.7K | $320K | -6.6% |
Housing Supply in Wilkinsburg, PA
How many homes are available in Wilkinsburg, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 63 | 53 | -15.9% |
Summary: The Wilkinsburg real estate market had 53 homes for sale in December 2024, a 15.9% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 11 | -26.7% |
| 3 Bedrooms | 32 | 27 | -15.6% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Wilkinsburg housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.7%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wilkinsburg, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Wilkinsburg in December 2024, down by 35.7% month-over-month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.
Days on Market for Wilkinsburg, PA
How long does it take to sell a home in Wilkinsburg, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 55 Days | 26 Days | -51.7% |
Summary: Homes in Wilkinsburg had an average of 26 days on market in Dec 2024, down by 51.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wilkinsburg are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in Wilkinsburg; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
