Penn Wynne Real Estate Market Extends Weakening in Home Sales

Despite a 25.0% increase in sales numbers this week to reach five homes sold over the last 30 days, the Penn Wynne market still shows a persistent trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price of all transactions in Penn Wynne did not budge this week, remaining at $305,000. With just three months of inventory available and sales going up, Penn Wynne is a seller's market.

If you are curious about inexpensive homes in Penn Wynne, start off by checking out these great listings:

$264K   $325K   $345K  

Get started right now by checking out Penn Wynne homes for sale or reviewing Penn Wynne real estate trends.

Demographic facts for Penn Wynne:

  • 7.2% of the people in this area are renters.
  • The 10-year growth projection for this area is 32.3%.
  • The student-to-librarian ratio is 660:1. (803:1 = national average)

Data reported through 1/12/2017

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RE/MAX Hometown Realtors
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Berkshire Hathaway Fox & Roach
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