A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 65 homes listed for sale in Wallingford PA and Nether Providence Township on October 16, 2018 with an average asking price of $430,588.
The Federal Reserve has raised short-term interest rates three times this year, causing mortgage rates to climb to over 5% currently, some of the highest levels seen in nearly a decade. As a result, the cost of borrowing has risen — putting an even greater strain on buyers who are already dealing with record-high home prices.
According to Zillow’s latest report, the hike in rates has led the monthly mortgage payment for a median-priced home to increase 15.6%t since August 2017, which breaks down to an extra $118 per month or $1,416 per year. The crunch isn’t expected to stop anytime soon, as five more hikes are expected to happen by the end of 2019.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $430,588 | $349,999 | $80,000 | $1,875,000 | 101 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $536,509 | $399,000 | $185,000 | $1,875,000 | 105 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $198,675 | $194,950 | $124,900 | $279,900 | 125 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $227,790 | $189,250 | $174,900 | $340,000 | 65 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $152,600 | $149,900 | $124,900 | $173,000 | 85 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $104,967 | $105,000 | $80,000 | $129,900 | 139 |
*DOM = Days On Market
2 Wallingford PA home went under contract
6 new listings came onto the market
No listings expired
1 listing was withdrawn from the market
26 homes are Under Contract at this time
1 Wallingford PA home sold last week
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 606 E Wiltshire Drive | 3 | 2.1 | $188,600 | 10/12/18 | 40 |
| AVERAGE | $188,600 | 40 |
606 E Wiltshire Drive sold with a $10,000 Seller Assist.
Wallingford PA Real Estate – Wallingford, PA 19086
