$2,019 Closing Credit*
$170,000
2 Beds
•1 Full Bath
Diane DiGregory, Listing Office: Realty One Group Gold Standard
Is Fallowfield Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fallowfield Township was a Seller's Market.
Key Takeaway
Fallowfield Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fallowfield Township, PA
How much do homes in Fallowfield Township, PA cost?
Median Sold Price
$160,750
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,250(-4.3%)
Key Takeaway
Homes in Fallowfield Township have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Fallowfield Township was $160,750 in November 2024, down 4.3% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $168K | - | N/A |
| 2 Bedrooms | $82.4K | $94.5K | +14.6% |
| 3 Bedrooms | $196K | $179.4K | -8.4% |
| 4 Bedrooms | $119K | $150K | +26.1% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Fallowfield 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 14.6%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fallowfield Township | $168K | $160.7K | -4.3% |
| Carroll Township | $245K | $225K | -8.2% |
Housing Supply in Fallowfield Township, PA
How many homes are available in Fallowfield Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Fallowfield Township real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fallowfield 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fallowfield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Fallowfield Township in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fallowfield Township, PA
How long does it take to sell a home in Fallowfield Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 133 Days | 31 Days | -76.7% |
Summary: Homes in Fallowfield Township had an average of 31 days on market in Nov 2024, down by 76.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fallowfield Township has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Fallowfield Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
