A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 20 homes listed for sale – 6 Active listings and 14 Active Under Contract listings – in Wallingford PA and Nether Providence Township on April 5, 2022 with an average asking price of $407,334.
Record shattering price growth on its own may understate how much home affordability has declined over the past year, a new report suggests.
The real cost of a home purchase rose by 27% in the past year after accounting for the effects of mortgage rate hikes and wage increases, according to a new report from First American Financial Corp., a title insurance company.
The company’s Real House Price Index adjusts price increases for the typical consumer’s buying power.
“Even though household income increased 5% since January 2021, it was not enough to offset the negative impact on consumer house-buying power from higher rates and fast rising nominal prices,” First American Chief Economist Mark Fleming said in the report.
Still, the typical home sold in January remained much more affordable than during the run-up to the housing crash of 2007.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $407,334 | $434,889 | $124,900 | $725,000 | 17 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $492,352 | $525,000 | $285,000 | $725,000 | 19 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $124,900 | $124,900 | $124,900 | $124,900 | 23 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $449,250 | $449,250 | $279,000 | $619,500 | 10 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $199,267 | $205,900 | $169,000 | $222,000 | 8 |
7 Wallingford PA homes went under contract
3 new listings came onto the market
1 listing was withdrawn from the market
1 listing was temporarily taken off the market
No listings expired
43 homes are Under Contract at this time
6 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 723 Kincaid Mills Lane | TOWN | 3 | 3.0 | $479,825 | 03/28/22 | 3 |
| 119 Locust Lane | SNG | 5 | 2.1 | $595,000 | 03/29/22 | 33 |
| 501 S Media Way Lot#7 | SNG | 3 | 2.1 | $579,200 | 03/29/22 | 133 |
| 612 W Brookhaven Road | SNG | 5 | 2.1 | $535,000 | 03/30/22 | 12 |
| 112 Brent Drive | SNG | 3 | 2.1 | $525,000 | 03/30/22 | 74 |
| 1002 Twyckenham Road | SNG | 4 | 2.1 | $935,000 | 03/31/22 | 6 |
| AVERAGE | $608,171 | 44 |
2 homes sold with a Seller Assist:
– 723 Kincaid Mills Lane – $1,710
– 119 Locust Lane – $16,779
Wallingford PA Real Estate – Wallingford, PA 19086
