$5,047 Closing Credit*
$425,000
1,872 SqFt
3 Beds
•2 Full Baths
KASEY Jo KING, Listing Office: Iron Valley Real Estate Hanover
Is Fairfield Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fairfield Township was a Neutral Market.
Key Takeaway
Fairfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairfield Township, PA
How much do homes in Fairfield Township, PA cost?
Median Sold Price
$355,000
$171/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$78,000(-18.0%)
Key Takeaway
Homes in Fairfield Township have sold for 18% less than they did a month ago.
Summary: The median home sold price in Fairfield Township was $355,000 in September 2024, down 18% from last month, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $207.5K | N/A |
| 3 Bedrooms | $367.5K | $620K | +68.7% |
| 4 Bedrooms | $800K | - | N/A |
| 5+ Bedrooms | $470K | $420K | -10.6% |
Summary: Fairfield Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 68.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 10.6%.
Housing Supply in Fairfield Township, PA
How many homes are available in Fairfield Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 35 | 35 | 0.0% |
Summary: The Fairfield Township real estate market had 35 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Fairfield Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairfield Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Fairfield Township in September 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Fairfield Township, PA
How long does it take to sell a home in Fairfield Township, PA?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 37 Days | 48 Days | +28.3% |
Summary: Homes in Fairfield Township had an average of 48 days on market in Sep 2024, up by 28.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fairfield Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 6 homes were sold in Fairfield Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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