A review of recently sold homes in Wallingford PA and current market statistics for buyers and sellers seeking to stayed informed about the market.
There are 14 homes listed for sale – 7 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on May 28, 2024 with an average asking price of $510,029.
Rising interest rates might be sidelining would-be homebuyers, but the ongoing shortage of inventory on the market is keeping home prices elevated. That’s why U.S. homeowners now have a record $11 trillion in tappable equity as of March, according to the May ICE Mortgage Monitor Report.
Based on the company’s mortgage, real estate and public records data sets, the ICE report also found that homeowners have a record $16.9 trillion in equity, with $11 trillion of that considered “tappable.” That translates to an average of $206,000 per borrower with tappable equity, up significantly from $185,000 a year ago.
“Tappable” equity refers to the portion of a borrower’s home value they can access in cash while still maintaining a 20% equity share in their property.
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $510,029 | $405,000 | $195,000 | $1,225,000 | 37 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $591,040 | $520,750 | $319,900 | $1,225,000 | 38 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $305,000 | $305,000 | $260,000 | $350,000 | 64 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $310,000 | $310,000 | $195,000 | $425,000 | 5 |
3 Wallingford PA home went under contract
4 new listings came onto the market
No listings were withdrawn from the market
No listings were temporarily taken off the market
No listings expired
21 homes are Under Contract at this time
3 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 204 Hempstead Lane | SNG | 5 | 4.1 | $1,200,000 | 05/20/24 | 35 |
| 601 Bickmore Drive | SNG | 3 | 1.1 | $380,000 | 05/21/24 | 1 |
| 300 Beech Road | SNG | 4 | 2.1 | $650,000 | 05/21/24 | 3 |
| AVERAGE | $743,333 | 13 |
No homes sold with a Seller Assist
Wallingford PA Real Estate – Wallingford, PA 19086
