$3,918 Closing Credit*
$329,900
1,656 SqFt
3 Beds
•1 Full Bath, 1 Partial
Anthony Borelli, Listing Office: Century 21 Gold
Is Wyomissing, 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, 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
$366,250
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,500(+13.1%)
Key Takeaway
Homes in Wyomissing have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Wyomissing was $366,250 in October 2024, up 13.1% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151K | $160K | +6.0% |
| 2 Bedrooms | $210.5K | $219K | +4.0% |
| 3 Bedrooms | $297.5K | $306K | +2.9% |
| 4 Bedrooms | $375K | $435K | +16.0% |
| 5+ Bedrooms | $538K | $585K | +8.7% |
Summary: Wyomissing housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
| Wyomissing | $323.7K | $366.2K | +13.1% |
| Reading | $222.1K | $247.8K | +11.6% |
| Shillington | $220K | $240K | +9.1% |
| Cumru Township | $260K | $269.9K | +3.8% |
| West Reading | $230K | $230K | 0% |
Housing Supply in Wyomissing, PA
How many homes are available in Wyomissing, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Summary: The Wyomissing real estate market had 36 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Wyomissing 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 increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wyomissing, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Wyomissing in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 12 Days | -34.9% |
Summary: Homes in Wyomissing had an average of 12 days on market in Oct 2024, down by 34.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 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 October 2024, 12 homes were sold in Wyomissing; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
