$4,097 Closing Credit*
$345,000
2,223 SqFt
5 Beds
•3 Full Baths, 1 Partial
Stacey J. Stier, Listing Office: Realty ONE Group Focus
Is Wynnefield, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Wynnefield was a Seller's Market.
Key Takeaway
Wynnefield is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Wynnefield, PA
How much do homes in Wynnefield, PA cost?
Median Sold Price
$257,500
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,500(+4.7%)
Key Takeaway
Homes in Wynnefield have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Wynnefield was $257,500 in November 2024, up 4.7% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | - | N/A |
| 2 Bedrooms | $320K | $175K | -45.3% |
| 3 Bedrooms | $216.5K | $207.5K | -4.2% |
| 4 Bedrooms | $267.2K | $279.9K | +4.7% |
| 5+ Bedrooms | $350K | $437.5K | +25.0% |
Summary: Wynnefield 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 decreased by 45.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Neighborhoods
| Wynnefield | $246K | $257.5K | +4.7% |
| West Philadelphia | $179.9K | $183.9K | +2.2% |
| Parkside | $152.5K | $145K | -4.9% |
Housing Supply in Wynnefield, PA
How many homes are available in Wynnefield, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 42 | +13.5% |
Summary: The Wynnefield real estate market had 42 homes for sale in November 2024, a 13.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Wynnefield 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 remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wynnefield, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Wynnefield in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Wynnefield, PA
How long does it take to sell a home in Wynnefield, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 52 Days | +70.8% |
Summary: Homes in Wynnefield had an average of 52 days on market in Nov 2024, up by 70.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wynnefield are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Wynnefield; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
