$2,256 Closing Credit*
$190,000
1,394 SqFt
3 Beds
•2 Full Baths
Walter MacFann, Listing Office: Tri County Realty Associates Lp
Is Fallowfield Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Fallowfield Township has remained a Seller's Market.
Key Takeaway
Fallowfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fallowfield Township, PA
How much do homes in Fallowfield Township, PA cost?
Median Sold Price
$156,950
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,050(-6.6%)
Key Takeaway
Homes in Fallowfield Township have sold for 6.6% less than they did a year ago.
Summary: The median home sold price in Fallowfield Township was $156,950 in October 2024, down 6.6% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $168K | - | N/A |
| 2 Bedrooms | $82.4K | $94.5K | +14.6% |
| 3 Bedrooms | $196K | $168K | -14.3% |
| 4 Bedrooms | $119K | $150K | +26.1% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Fallowfield Township housing prices by bedroom type for October 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 14.3%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Carroll Township | $240K | $225K | -6.3% |
| Fallowfield Township | $168K | $156.9K | -6.6% |
Housing Supply in Fallowfield Township, PA
How many homes are available in Fallowfield Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Fallowfield Township real estate market had 13 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fallowfield Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fallowfield Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Fallowfield Township in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 25 Days | -63.8% |
Summary: Homes in Fallowfield Township had an average of 25 days on market in Oct 2024, down by 63.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fallowfield Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Fallowfield Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
