$5,935 Closing Credit*
$499,800
3,050 SqFt
4 Beds
•2 Full Baths, 1 Partial
Peter J Champagne, Listing Office: Coldwell Banker Realty
Is Wyomissing, 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, Wyomissing has remained a Seller's Market.
Key Takeaway
Wyomissing is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wyomissing, PA
How much do homes in Wyomissing, PA cost?
Median Sold Price
$384,500
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$64,500(+20.2%)
Key Takeaway
Homes in Wyomissing have sold for 20.2% more than they did a year ago.
Summary: The median home sold price in Wyomissing was $384,500 in November 2024, up 20.2% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151K | $155K | +2.6% |
| 2 Bedrooms | $210.5K | $219K | +4.0% |
| 3 Bedrooms | $286K | $327.5K | +14.5% |
| 4 Bedrooms | $375K | $445K | +18.7% |
| 5+ Bedrooms | $530.3K | $607.5K | +14.5% |
Summary: Wyomissing housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 14.5%.
Median Sold Price Compared To Nearby Cities
| Wyomissing | $320K | $384.5K | +20.2% |
| Reading | $226.2K | $249.5K | +10.3% |
| Shillington | $227.9K | $245.1K | +7.6% |
| Cumru Township | $262K | $270K | +3.1% |
| West Reading | $235K | $230.5K | -1.9% |
Housing Supply in Wyomissing, PA
How many homes are available in Wyomissing, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 29 | -23.7% |
Summary: The Wyomissing real estate market had 29 homes for sale in November 2024, a 23.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 18 | 13 | -27.8% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Wyomissing 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 50%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wyomissing, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Wyomissing in November 2024, down by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for Wyomissing, PA
How long does it take to sell a home in Wyomissing, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 55 Days | +361.1% |
Summary: Homes in Wyomissing had an average of 55 days on market in Nov 2024, up by 361.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wyomissing are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Wyomissing; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
