A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 30 homes listed for sale – 22 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on September 7, 2021 with an average asking price of $407,757.
Despite a record high median home sales price, buying a starter home is less expensive than renting in nearly half of markets, realtor.com® found.
In Pennsylvania Pittsburgh was named one of the most affordable places in the country to buy instead of rent. There, buying a starter home compared to renting is 27.7% cheaper or $315 a month less. The median rent for the area is $1,376, compared to a monthly homeownership cost of $995. Rents are up 8.3% compared to last year, while home prices are up 18.9%.
While home prices have been on the rise, so have rent prices, as the report found that rents are up nearly 10% year over year across the U.S. Starter homes are more affordable than the national median home price by more than $100,000, at $192,000 compared to $297,000.
In Philadelphia, it is 9.2% cheaper to buy a starter home than to rent, even though rents have only gone up 3.5% year over year, a starter home will save consumers close to $150 a month compared to renting
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
4 Wallingford PA homes went under contract
2 new listings came onto the market
No listings were withdrawn from the market
No listings were temporarily taken off the market
1 listing expired
40 homes are Under Contract at this time
3 Wallingford PA homes sold
|110 Walker Lane||SNG||5||4.1||$768,000||08/30/21||5|
|110 Chestnut Lane||SNG||5||3.0||$703,499||08/31/21||9|
|105 Willow Road||SNG||3||1.0||$311,000||09/01/21||12|
No homes sold with a Seller Assist:
Wallingford PA Real Estate – Wallingford, PA 19086