A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 43 homes listed for sale in Wallingford PA and Nether Providence Township on December 11, 2018 with an average asking price of $445,886.
Nine out of 10 millennial renters say they want to purchase a home, but few are planning to do so in the near term, according to a new survey by rental website Apartment List. The chief reasons keeping them from homeownership are affordability (72%) and lack of savings for a down payment (62%), the survey of 6,400 young adult renters shows. Nearly 50% of respondents say they have zero savings, while only 11% have saved $10,000 or more.
Student debt is a main culprit, the survey finds. Twenty-three percent of college graduates without student debt could save enough for a down payment within the next five years compared to 12% of college graduates who do have student debt, according to the survey. However, down payment aid from family members is helping to make home ownership more attainable. Such help usually occurs among the highest millennial earners, the survey finds. Millennial renters who expect to receive assistance with a down payment tended to have incomes over $100,000 per year. They expect to receive $51,172 in financial aid from family toward a down payment. That is 10 times more than the average expected assistance of $4,358 from millennials who earn less than $25,000.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
*DOM = Days On Market
7 Wallingford PA homes went under contract
1 new listing came onto the market
1 listing expired
No listings were withdrawn from the market
30 homes are Under Contract at this time
1 Wallingford PA home sold last week
|334B Saybrook Lane||2||1.0||$134,900||12/03/18||14|
334B Saybrook Lane sold with a $3,700 Seller Assist
Wallingford PA Real Estate – Wallingford, PA 19086