Williamsport PA Real Estate - Williamsport PA Homes For Sale | Zillow (2024)

FAQs

Is it a good time to sell a house in PA? ›

Surprisingly, yes. March is a good time to start prepping your Pennsylvania home for sale. Housing demand is at its peak, but inventory is still tight. The median home price is currently at $263,700, major forecasts expect home prices to continue rising in 2024.

The cost of living in Williamsport, PA is 6% higher than the state average and 2% higher than the national average. Williamsport, PA housing is 6% cheaper than the U.S average, while utilities are about 20% pricier.

Pennsylvania Housing Market Overview

In June 2024, home prices in Pennsylvania were up 6.3% compared to last year, selling for a median price. On average, the number of homes sold was down 12.4% year over year and there were 11,493 homes sold in June this year, down 13,137 homes sold in June last year.

The City of Williamsport was established and is governed by the provisions of the Optional Third Class City Charter Law under a “strong mayor” form of government.

Nationally, the best time to sell a house is March if you're trying to sell quickly, while the best time to maximize profit is July. Zillow recommends listing your home for sale in March, but no later than Labor Day, based on historical market trends.

Real estate experts predict a continued housing shortage, and because they expect high buyer demand to keep pushing home prices up, 2024 may be an ideal time to sell. Experts also anticipate a leveling out of 2023's elevated mortgage rates, expecting rates to eventually settle around 6% – 7% in the spring.

#1: Erie. With a median home sale price of $136,250, Erie is the most affordable place to live in Pennsylvania. About 92,900 people live in this city and is located along Lake Erie, so you'll have picturesque views year-round.

In 2022, the median household income of the 10.9k households in Williamsport, PA grew to $48,388 from the previous year's value of $45,060.

On average, Williamsport, PA residents spend about $225 per month on electricity. That adds up to $2,700 per year. That's 19% higher than the national average electric bill of $2,276.

Where is real estate growing the fastest? ›

Housing Costs in Pennsylvania

According to Zillow, the typical home value in the commonwealth was $239,958 in February 2023. The median sale price of an existing home in the United States, for comparison, was $359,000 the previous month, per the National Association of Realtors®.

It is a quiet and small town. It has really good food places and job opportunities, a nice sunset view, and overall beautiful. Some things I would like to see change is having more attractions for people to get out and do. Williamsport is a wonderful city full of things to do and places to go.

Williamsport is famous as the birthplace of Little League Baseball. The International Headquarters hosts the Little League World Series each August. Among the many opportunities for recreation, game lands and mountain streams make this beautiful region a paradise for the hunter and fisherman.

Fall and winter are the worst seasons to sell

Just like in the warmer months, the weather plays a factor in the winter months, too. As the days get dark earlier and temperatures drop, people tend to stay closer to home.

All gains realized from selling, exchanging, or disposing of any type of property are taxed according to the Pennsylvania Personal Income Tax (PA PIT) system, meaning they are taxed as personal income. According to the PA-DoR's Personal Income Tax portal, Pennsylvania's personal income tax rate is a flat 3.07%.

If California housing inventory is low

When supply is low and demand is high, selling your home can be far more profitable.

Typically, spring and summer are considered the best times to sell, when there's the most activity from buyers and the most listings entering the market.