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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willistown Township is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Willistown Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Willistown Township, PA

How much do homes in Willistown Township, PA cost?

Median Sold Price

$665,000

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$62,500(+10.4%)

Key Takeaway

Homes in Willistown Township have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Willistown Township was $665,000 in December 2024, up 10.4% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $313.7K$295K
-6.0%
2 $375K$390K
+4.0%
3 $530K$544K
+2.6%
4 $825K$1.0M
+29.1%
5+ $1.7M$1.6M
-8.5%

Summary: Willistown Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes decreased by 8.5%.

Median Sold Price Compared To Nearby Cities

Newtown Square
+11.6%
Willistown Township
+10.4%
Malvern
+10.1%
Paoli
+5.9%
Berwyn
-3.0%

Housing Supply in Willistown Township, PA

How many homes are available in Willistown Township, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4128-31.7%

Summary: The Willistown Township real estate market had 28 homes for sale in December 2024, a 31.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2013
-35.0%
4 138
-38.5%
5+ 65
-16.7%

Summary: The Willistown Township 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 remained the same, 3 bedroom homes decreased by 35%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willistown Township, 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 Willistown Township 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 Willistown Township, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
17 Days51 Days+189.3%

Summary: Homes in Willistown Township had an average of 51 days on market in Dec 2024, up by 189.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 9 homes were sold in Willistown Township; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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 4 Days Ago

Newest Listings in Willistown Township, PA

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