$29,900
0.44 Acres
Land
Nathaniel Martin Barshinger, Listing Office: EXP Realty, LLC
Is Fairfield Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fairfield Township has remained a Seller's 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
$342,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,500(+8.7%)
Key Takeaway
Homes in Fairfield Township have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Fairfield Township was $342,500 in November 2024, up 8.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $106K | N/A |
| 2 Bedrooms | $227.4K | $260K | +14.3% |
| 3 Bedrooms | $315K | $330K | +4.8% |
| 4 Bedrooms | $334.5K | $386K | +15.4% |
| 5+ Bedrooms | $320K | $447.5K | +39.8% |
Summary: Fairfield Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 39.8%.
Housing Supply in Fairfield Township, PA
How many homes are available in Fairfield Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 42 | +7.7% |
Summary: The Fairfield Township real estate market had 42 homes for sale in November 2024, a 7.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 18 | 25 | +38.9% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Fairfield Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 38.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairfield Township, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Fairfield Township in November 2024, up by 66.7% month-over-month. Of the 15 sold homes, 20% were sold under asking, 47% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 30 Days | -30.7% |
Summary: Homes in Fairfield Township had an average of 30 days on market in Nov 2024, down by 30.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 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 November 2024, 15 homes were sold in Fairfield Township; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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