Is Wheatfield Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wheatfield Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Wheatfield Township was a Seller's Market.

Key Takeaway

Wheatfield Township 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 Wheatfield Township, PA

How much do homes in Wheatfield Township, PA cost?

Median Sold Price

$450,000

$360/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$98,950(-18.0%)

Key Takeaway

Homes in Wheatfield Township have sold for 18% less than they did a month ago.

Summary: The median home sold price in Wheatfield Township was $450,000 in April 2024, down 18% from last month, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$450K
N/A
3 $548.9K-
N/A
4 --
N/A
5+ --
N/A

Summary: Wheatfield Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Bloomfield
-11.8%
Wheatfield Township
-18.0%

Housing Supply in Wheatfield Township, PA

How many homes are available in Wheatfield Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
660.0%

Summary: The Wheatfield Township real estate market had 6 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 23
+50.0%
5+ 00
0.0%

Summary: The Wheatfield Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wheatfield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Wheatfield Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wheatfield Township, PA

How long does it take to sell a home in Wheatfield Township, PA?

Average Sale Time

Mar 2024Apr 2024CHANGE
72 Days162 Days+125.0%

Summary: Homes in Wheatfield Township had an average of 162 days on market in Apr 2024, up by 125% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Wheatfield Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Wheatfield Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

Newest Listings in Wheatfield Township, PA

Nearby Markets to Wheatfield Township, PA