Is Fawn Grove, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fawn Grove is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Fawn Grove has remained a Seller's Market.

Key Takeaway

Fawn Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fawn Grove, PA

How much do homes in Fawn Grove, PA cost?

Median Sold Price

$320,000

$238/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$330,000(-50.8%)

Key Takeaway

Homes in Fawn Grove have sold for 50.8% less than they did a month ago.

Summary: The median home sold price in Fawn Grove was $320,000 in November 2024, down 50.8% from last month, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $650K$320K
-50.8%
4 --
N/A
5+ --
N/A

Summary: Fawn Grove housing prices by bedroom type for November 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 decreased by 50.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pylesville
-36.8%
Fawn Grove
-50.8%
Fawn Township
-50.8%

Housing Supply in Fawn Grove, PA

How many homes are available in Fawn Grove, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
42-50.0%

Summary: The Fawn Grove real estate market had 2 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Fawn Grove 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fawn Grove, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Fawn Grove in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Fawn Grove, PA

How long does it take to sell a home in Fawn Grove, PA?

Average Sale Time

Oct 2024Nov 2024CHANGE
21 Days9 Days-57.1%

Summary: Homes in Fawn Grove had an average of 9 days on market in Nov 2024, down by 57.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fawn Grove are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Fawn Grove; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Fawn Grove, PA

Nearby Markets to Fawn Grove, PA