$416 Closing Credit*
$35,000
1,160 SqFt
3 Beds
•1 Full Bath, 1 Partial
Yaron Feldberg, Listing Office: Coldwell Banker Realty
Is Wilkinsburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since November 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 November 2024, down 3% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $13.5K | - | N/A |
| 2 Bedrooms | $111.1K | $126K | +13.4% |
| 3 Bedrooms | $135K | $128K | -5.2% |
| 4 Bedrooms | $160K | $194K | +21.3% |
| 5+ Bedrooms | $399.8K | $167.5K | -58.1% |
Summary: Wilkinsburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.4%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 58.1%.
Median Sold Price Compared To Nearby Cities
| Forest Hills | $215K | $239K | +11.2% |
| Penn Hills Township | $165K | $174.9K | +6.0% |
| Edgewood | $335K | $336.2K | 0.4% |
| Wilkinsburg | $135K | $130.9K | -3.0% |
Housing Supply in Wilkinsburg, PA
How many homes are available in Wilkinsburg, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 | 70 | 0.0% |
Summary: The Wilkinsburg real estate market had 70 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 13 | -23.5% |
| 3 Bedrooms | 35 | 38 | +8.6% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Wilkinsburg 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 23.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wilkinsburg, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Wilkinsburg in November 2024, up by 44.4% month-over-month. Of the 13 sold homes, 23% were sold under asking, 15% were sold at asking, and 62% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 53 Days | -2.7% |
Summary: Homes in Wilkinsburg had an average of 53 days on market in Nov 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wilkinsburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Wilkinsburg; 54% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
