A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 16 homes listed for sale – 10 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on January 11, 2022 with an average asking price of $380,631.
According to ATTOM Data Solutions, median single-priced family homes are less affordable compared to historic averages in 77% of counties across the U.S. This is an increase of 38% year over year, an increase of just over 2% from the previous quarter and the highest point since 2008. Comparing the amount of income a homeowner would need to be able to afford a mortgage, property taxes and insurance on a median-priced single-family home if they put down 20%, to the weekly salary in the area, the report found that median homes in 440 out of 575 counties are less affordable than past averages. Reaching an all-time high, the median national home price has risen 17% to $317,500.
As home prices rise faster than wages, homeowners are spending more of their paychecks on their mortgages and other associated costs. In the fourth quarter, the average consumer earning the national median wage of $65,546 was spending 25.2% of their paycheck on housing costs, an increase of 0.8% from the third quarter and up 3.7% year over year, but still below the threshold of 28% that many lenders abide by. About half (51%) of counties analyzed fall under that 28% line.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
1 Wallingford PA home went under contract
No new listings came onto the market
No listings were withdrawn from the market
No listings were temporarily taken off the market
No listings expired
31 homes are Under Contract at this time
5 Wallingford PA home sold last week
|765 Pennsylvania Avenue||ROW||3||1.0||$141,000||01/04/22||7|
|212 Maple Road||SNG||4||3.1||$355,000||01/04/22||25|
|211 Canterbury Drive||SNG||4||2.1||$440,000||01/05/22||7|
|111 W Possum Hollow Road||SNG||5||3.1||$525,000||01/05/22||34|
|802 Harvey Road||SNG||5||3.1||$725,000||01/06/22||66|
2 homes sold with a Seller Assist:
– 212 Maple Road – $11,000
– 211 Canterbury Drive – $3,000
Wallingford PA Real Estate – Wallingford, PA 19086