$11,000,000
143.60 Acres
Land
Lavinia Smerconish, Listing Office: Compass Pennsylvania, LLC
Is Willow Street, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Willow Street has remained a Seller's Market.
Key Takeaway
Willow Street is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willow Street, PA
How much do homes in Willow Street, PA cost?
Median Sold Price
$326,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,000(+0.3%)
Key Takeaway
The sold price of homes in Willow Street has remained the same since last year.
Summary: The median home sold price in Willow Street was $326,000 in October 2024, up 0.3% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $262.6K | $276K | +5.1% |
| 3 Bedrooms | $310K | $324K | +4.5% |
| 4 Bedrooms | $385K | $343.8K | -10.7% |
| 5+ Bedrooms | $425K | $692.5K | +62.9% |
Summary: Willow Street housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 62.9%.
Median Sold Price Compared To Nearby Cities
| West Lampeter Township | $348.9K | $372K | +6.6% |
| Willow Street | $325K | $326K | 0.3% |
| Pequea Township | $348.5K | $332.7K | -4.5% |
| Strasburg Township | $420K | $387.5K | -7.7% |
Housing Supply in Willow Street, PA
How many homes are available in Willow Street, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 23 | +43.8% |
Summary: The Willow Street real estate market had 23 homes for sale in October 2024, a 43.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 6 | 15 | +150.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Willow Street housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 150%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Willow Street, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Willow Street in October 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Willow Street, PA
How long does it take to sell a home in Willow Street, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 37 Days | +86.8% |
Summary: Homes in Willow Street had an average of 37 days on market in Oct 2024, up by 86.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Willow Street are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Willow Street; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
