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 November 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

$640,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+4.9%)

Key Takeaway

Homes in Willistown Township have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Willistown Township was $640,000 in November 2024, up 4.9% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $313.7K$295K
-6.0%
2 $375K$395.5K
+5.5%
3 $520K$530K
+1.9%
4 $850K$1.0M
+17.6%
5+ $1.7M$1.5M
-12.7%

Summary: Willistown Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 12.7%.

Median Sold Price Compared To Nearby Cities

Newtown Square
+13.3%
Willistown Township
+4.9%
Malvern
+4.4%
Berwyn
+2.2%
Paoli
+1.0%

Housing Supply in Willistown Township, PA

How many homes are available in Willistown Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4441-6.8%

Summary: The Willistown Township real estate market had 41 homes for sale in November 2024, a 6.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 1722
+29.4%
4 1511
-26.7%
5+ 96
-33.3%

Summary: The Willistown Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 29.4%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14140.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 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 may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Willistown Township in November 2024, the same as the previous month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% 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

Nov 2023Nov 2024CHANGE
11 Days22 Days+93.9%

Summary: Homes in Willistown Township had an average of 22 days on market in Nov 2024, up by 93.9% compared to last year.

Breakdown of Home Sale Times

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

Summary: During November 2024, 14 homes were sold in Willistown Township; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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

Newest Listings in Willistown Township, PA

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