A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 70 homes listed for sale in Wallingford PA and Nether Providence Township on July 3, 2018 with an average asking price of $417,988.
The U.S. Housing and Urban Development released new income guidelines for who can qualify for its low-income housing assistance, and one city’s “low income” level is turning heads. In San Francisco, HUD has deemed those earning $117,400 a year as having low income. The income is based on a family of four.
Each year, HUD sets income limits that determine who can qualify for housing assistance, such as Section 8 vouchers, public housing, and its other assistance programs. In its income calculations, HUD considers an area’s median family income and housing costs. Households that earn 80% of the formula amount are deemed “low income,” those earning 50% are considered “very low income,” and those earning 30% are “extremely low income.”
In the San Francisco metro area, an income of $44,000 or less for a family of four is considered “extremely low income”; a household earning $73,300 would be “very low income”; and $117,400 is deemed “low income,” according to HUD’s latest calculations.
High home values that are increasing the cost of living in San Francisco are likely a big factor for a six-figure salary to be considered low income. The median home value in the San Francisco metro area in April was $947,500; the median rent was $3,300 a month. In the first quarter of 2018, only 15% of San Francisco county residents could afford a median-priced home, according to Paragon Real Estate Group.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $417,988 | $369,000 | $87,900 | $1,875,000 | 81 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $499,605 | $411,200 | $119,990 | $1,875,000 | 85 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $219,900 | $194,633 | $124,900 | $219,900 | 56 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $286,036 | $279,900 | $160,000 | $399,900 | 89 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $145,300 | $169,000 | $89,900 | $177,000 | 38 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $110,000 | $110,000 | $110,000 | $110,000 | 56 |
*DOM = Days On Market
6 Wallingford PA homes went under contract
2 new listings came onto the market
No listings expired
1 listing was withdrawn from the market
33 homes are Under Contract at this time
12 Wallingford PA homes sold last week
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 705 Ryanard Road | 3 | 1.0 | $208,000 | 06/25/18 | 41 |
| 227 Moylan Avenue | 4 | 1.1 | $515,000 | 06/25/18 | 5 |
| 4 Green Valley Road | 3 | 1.0 | $318,000 | 06/27/18 | 97 |
| 360B Saybrook Lane | 2 | 1.0 | $105,000 | 06/27/18 | 89 |
| 106 Beech Road | 3 | 2.0 | $265,000 | 06/27/18 | 8 |
| 304A Saybrook Lane | 2 | 1.0 | $115,000 | 06/28/18 | 158 |
| 209 Highland Avenue | 4 | 3.0 | $500,000 | 06/28/18 | 11 |
| 746 W Brookhaven Road | 4 | 2.1 | $296,750 | 06/29/18 | 195 |
| 1354 Putnam Blvd | 3 | 2.1 | $217,000 | 06/29/18 | 89 |
| 108 Manchester Road | 4 | 2.1 | $450,000 | 06/29/18 | 42 |
| 114 Maple Road | 3 | 1.0 | $209,900 | 06/29/18 | 43 |
| 902 Penn Valley Road | 4 | 2.1 | $440,000 | 06/29/18 | 19 |
| AVERAGE | $303,304 | 66 |
5 homes sold with a Seller Assist
– 227 Moylan Avenue – $2,500
– 4 Green Valley Road – $1,000
– 209 Highland Avenue – $5,000
– 1354 Putnam Blvd – $1,000
– 114 Maple Road – $5,000
Wallingford PA Real Estate – Wallingford, PA 19086
