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At first glance, that number stands out. More homes. More choice. But that's only half the story. Although the number of properties for sale locally has increased since 2022, the number of homes selling has also increased.
Nationally, regionally and locally in Wolverhampton, activity is up, prices are fluid, and buyer behaviour is evolving. This isn't just a market with more homes for sale; it's a market on the move. If you're buying, selling or just watching from the sidelines, the first half of 2025 has delivered some telling trends that every Wolverhampton homeowner needs to understand.
Year-to-Date - the number of agreed UK property sales as of Sunday, June 8 2025, was 6% higher than a year ago. Breaking those statistics down even further, as of Sunday, June 8 2025, 580,191 UK homes had been sold subject to contract (STC) compared to 535,183 as of the same date in 2024. It's essential to note that 2024 marked an improvement over 2023, with the number of homes sold reaching 486,035.
Next, we want to examine May in isolation nationally and compare it with other recent Mays.
Let us start with the number of sales agreed nationally.
May 2023 - 98,609 sales agreed
May 2024 - 114,452 sales agreed
May 2025 - 121,665 sales agreed
Now, let's examine the average national selling prices.
The average UK selling price was £368,649 in May 2023, £369,615 in May 2024, and £372,664 in May 2025 – a modest rise of 1.1% over the two years.
The £ per square foot is another method of observing house price changes. The pound per square foot has risen by 3.25% over the last two years, climbing from £338 (in May 2023) to £343 (in May 2024) and £349 in May 2025 (which is in line with the primary house price indicators).
Next, we want to look at every UK region. Each region has seen an increase in the number of properties selling (SSTC) in May 2025 compared to May 2024 and May 2023:
- East Anglia: Up 7.3% since May 2024 and up 27.8% since May 2023
- East Midlands: Up 7.1% since May 2024 and up 30.7% since May 2023
- London: Up 0.7% since May 2024 and up 15.1% since May 2023
- North East: Up 7.1% since May 2024 and up 24.5% since May 2023
- North West: Up 9.7% since May 2024 and up 27.1% since May 2023
- Northern Ireland: Up 1.3% since May 2024 and up 14.3% since May 2023
- Scotland: Up 8.2% since May 2024 and up 22.6% since May 2023
- South East: Up 4.7% since May 2024 and up 20.7% since May 2023
- South West: Up 4.8% since May 2024 and up 16.9% since May 2023
- Wales: Up 12.7% since May 2024 and up 25.1% since May 2023
- West Midlands: Up 5.7% since May 2024 and up 28.0% since May 2023
- Yorkshire & Humber: Up 8.2% since May 2024 and up 26.3% since May 2023
Finally, it’s essential to look at the supply of property (i.e. the number of homes for sale).
Nationally, we have seen an increase in properties for sale (756,675 in May 2025 versus 694,281 in May 2024 and 605,006 in May 2023).
Now we need to delve deeper into the Wolverhampton property market statistics.
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How do you beat those odds?
When most people decide to put their Wolverhampton home on the market, they assume one thing.
That it will sell.
After all, why wouldn’t it? You instruct an estate agent, the board goes up, photos appear on the portals and viewings get booked and offers made. Simples!
Except it is not.
Because what most Wolverhampton homeowners never get told is the real probability of you selling and moving. Looking at every Wolverhampton estate agent…
Over the last two years, your chances of selling and moving your Wolverhampton home have been 64.9%.
The remaining 35.1% of homes (i.e. over 3 in 10) failed to sell, withdrawing from the market unsold.
(Wolverhampton WV1/2/3/4/6/10/11).
And those chances vary massively, property to property.
At the end of the day though, whether you sell your home or not almost always comes down to two things. The marketing of your home and its pricing. Every property is unique. Its location, condition, layout, presentation and even timing all play a part and so the marketing of the home needs to be bespoke as does its asking price. Interestingly, we were asked recently if the price band of a property made any difference to the home’s saleability. One would think it shouldn’t, yet the figures tell a different story.
Let us share with you what we found about the Wolverhampton property market and the chances of getting your home sold (and moved), split down by price band.
Two Outcomes to Putting Your Wolverhampton Home on the Market. That’s it.
Let’s start with something simple. When you list your home for sale, there are only two possible outcomes:
- You exchange contracts, complete the house sale and move home.
- You withdraw the property unsold.
Everything else is noise.
So, we have looked at the data for every Wolverhampton property that has left every Wolverhampton estate agent’s book over the last two years. Then calculated how many have successfully sold (& exchanged and completed) verses how many were withdrawn and never sold.
The results are eye opening.
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If you are a Wolverhampton homeowner or landlord and considering selling your Wolverhampton property soon, you may have wondered how long it will take to find a buyer and sell.
The time it takes to sell a home varies depending on location, property type, price range, bedrooms, and market conditions. For interested Wolverhampton property owners, we have compiled the latest data and statistics for the 767 Wolverhampton homes that have sold stc in the last 3 months, split down by type (detached houses, semi-detached homes, terraced houses, and flats) and bedrooms to give you a clear picture.
The overall average is 42 days, split by type.
- Of the 166 Wolverhampton detached homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 69 days.
- Of the 385 Wolverhampton semi-detached homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 29 days.
- Of the 96 Wolverhampton terraced/town houses sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 39 days.
- Of the 100 Wolverhampton flats/apartments sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 69 days.
Note: The sales numbers don't add up precisely to the total mentioned earlier. That's because some properties fall outside the four main categories of detached, semi-detached, terraced and flat/apartments), such as mobile homes, commercial units, land, and building plots.
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The Hidden Crisis Facing the Area’s 50- and 60-Something Renters
You’ve heard of retirement.
But what about ‘rentirement’?
It’s not a typo.
It's a ticking time bomb.
There are 4,036 households in Wolverhampton, aged between their early 50s and mid-60s, renting privately, not owning the Wolverhampton homes they live in. They're heading towards retirement age with no bricks and mortar, and the implications for them, their families, and Wolverhampton's social and economic infrastructure are vast.
Let’s call this what it is: a slow-moving crisis wrapped in letting agent “to let” boards and fuelled by decades of housing policy that prioritised homeownership above all else, leaving some behind.
What is ‘Rentirement’?
“Rentirement” is a blend of the words “rent” and “retirement,” referring to those entering their mature years still renting their homes rather than owning them. It’s not a lifestyle choice for most. It’s a result of economic reality.
Unlike traditional retirees who may have cleared their mortgages and can rely on relatively low housing costs, ‘rentirees’ are staring down the barrel of paying rent every single month for the rest of their lives. And with the Wolverhampton average rent at £830 per month, that’s no small chunk of their limited retirement income.
The numbers behind the problem
The average 50- to mid-60-something single person retiring in Wolverhampton is likely to rely on a monthly income of around £1,208. That includes the state pension of £756 per month, perhaps a modest private pension topping it up. This leaves very little breathing space once rent is paid.
Let us do the maths:
£830 monthly rent over 20 years = £199,200 per household.
Multiply that by 4,036 Wolverhampton renters aged 50-65 years, and we’re looking at a combined cost of £40,198,560 a year or £804 million over the next 20 years.
That money comes either from these tenants' monthly income or savings or is subsidised by the taxpayer through housing support.
It’s not sustainable. And it’s not talked about enough.
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Are you considering moving home in Wolverhampton over the next 6 to 12 months? You may be a Wolverhampton landlord deciding whether to grow your portfolio or sell off a few properties. Or you're a Wolverhampton first-time buyer wondering if 2025 is the right time to move.
Understanding whether the current property market favours buyers or sellers is key to making the right call.
If you follow our regular Wolverhampton property updates, you’ll know one of the most reliable ways to assess the market is by looking at the percentage of homes marked as "Sold STC" or "Under Offer" compared to the total number of properties on the market.
Let’s show that in practice. For example, if say there are 500 properties on the market in a location, and 200 are under offer or Sold STC then 200 as a percentage of 500, gives us a sales percentage of 40%. It is this percentage that strongly indicates the local property market temperature and who holds the upper hand, i.e. buyers or sellers (or somewhere in between).