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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fawn Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Fawn Township, PA

How much do homes in Fawn Township, 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 Township have sold for 50.8% less than they did a month ago.

Summary: The median home sold price in Fawn Township 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 Township 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

East Hopewell Township
+43.6%
Airville
+20.4%
Fawn Township
-50.8%
Fawn Grove
-50.8%

Housing Supply in Fawn Township, PA

How many homes are available in Fawn Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
330.0%

Summary: The Fawn Township real estate market had 3 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 01
+100.0%
5+ 00
0.0%

Summary: The Fawn 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 33.3%, 4 bedroom homes increased by 100%, 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 Township, 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 Township 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 Township, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
21 Days9 Days-57.1%

Summary: Homes in Fawn Township 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Fawn Township; 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 20 Days Ago

Newest Listings in Fawn Township, PA

Nearby Markets to Fawn Township, PA

What housing markets are near Fawn Township, PA?