Is Willow Street, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willow Street is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$336,388

$188/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$101,611(-23.2%)

Key Takeaway

Homes in Willow Street have sold for 23.2% less than they did a month ago.

Summary: The median home sold price in Willow Street was $336,388 in April 2024, down 23.2% from last month, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $675K$290K
-57.0%
3 $355K$341K
-3.9%
4 $497.5K$332.7K
-33.1%
5+ --
N/A

Summary: Willow Street 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 decreased by 57%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 33.1%, and 5+ bedroom homes did not change.

Housing Supply in Willow Street, PA

How many homes are available in Willow Street, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1916-15.8%

Summary: The Willow Street real estate market had 16 homes for sale in April 2024, a 15.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1312
-7.7%
4 41
-75.0%
5+ 00
0.0%

Summary: The Willow Street 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 increased by 50%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willow Street, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Willow Street in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 10% were sold under asking, 40% were sold at asking, and 50% 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

Mar 2024Apr 2024CHANGE
19 Days10 Days-43.5%

Summary: Homes in Willow Street had an average of 10 days on market in Apr 2024, down by 43.5% compared to last month.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Willow Street are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 10 homes were sold in Willow Street; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% 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 9 Days Ago

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