Question 1

What is the median sold price in Wembley?

Accepted Answer

The median sold price in Wembley is $315,000 based on 95 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Wembley?

Accepted Answer

The average sold price in Wembley is $328,392. Note that the average ($328,392) is higher than the median ($315,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Wembley?

Accepted Answer

Home prices in Wembley range from $72,500 to $875,000 based on recent sales data. This $802,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Wembley selling above or below asking price?

Accepted Answer

On average, homes in Wembley are selling at 98.4% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Wembley?

Accepted Answer

Homes in Wembley are selling in an average of 41 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Wembley?

Accepted Answer

The average price per square foot in Wembley is $275. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $550,000.

Question 7

How active is the real estate market in Wembley?

Accepted Answer

The Wembley market has seen 95 home sales over the past 2 years, with 23 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

How many new listings are coming to market in Wembley?

Accepted Answer

There have been 7 new listings in Wembley during May 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Wembley?

Accepted Answer

The most common property types selling in Wembley are: detached single family (89 sold, avg $337,048), half duplex (3 sold, avg $197,467), vacant lot (2 sold, avg $136,250). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Wembley?

Accepted Answer

Detached homes in Wembley are selling for an average of $337,048, with 89 sales over the past 2 years.

Question 11

How much do townhouses cost in Wembley?

Accepted Answer

Townhouses in Wembley are selling for an average of $335,000, with 1 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 12

Are home prices rising or falling in Wembley?

Accepted Answer

Home prices in Wembley have decreased by 17.4% over the past 2 years. The average sold price moved from $400,000 to $330,475. This downward trend may present buying opportunities for purchasers.

Question 13

Is Wembley a buyer's or seller's market?

Accepted Answer

Based on current data, Wembley is a slight seller's market. Homes are selling in 41 days on average and at 98.4% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 14

What percentage of homes sell above asking price in Wembley?

Accepted Answer

In Wembley, 19% of homes sold above asking price, while 66% sold below asking. A moderate number of homes attract multiple offers.

Question 15

What are the average property taxes in Wembley?

Accepted Answer

The average annual property tax in Wembley is $2,930, with a median of $3,100. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 16

What size homes are selling in Wembley?

Accepted Answer

Homes selling in Wembley range from 834 to 2,095 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 17

How much do home prices vary in Wembley?

Accepted Answer

Wembley shows relatively consistent pricing with a standard deviation of $130,177 around the average price of $328,392. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 18

Where can I find recently sold homes in Wembley?

Accepted Answer

You can view a comprehensive list of houses sold in Wembley right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 19

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 20

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Wembley.

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