$4,571 Closing Credit*
$384,900
1,972 SqFt
4 Beds
•1 Full Bath
Camille Miele, Listing Office: Realty One Group Gold Standard
Is Fayette County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Fayette County was a Seller's Market.
Key Takeaway
Fayette County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fayette County, PA
How much do homes in Fayette County, PA cost?
Median Sold Price
$160,000
$112/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since December 2023.
Key Takeaway
The sold price of homes in Fayette County has remained the same since last year.
Summary: The median home sold price in Fayette County was $160,000 in December 2024, the same as last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $61.2K | $114K | +86.1% |
| 2 Bedrooms | $115K | $106.5K | -7.4% |
| 3 Bedrooms | $165.7K | $175.8K | +6.1% |
| 4 Bedrooms | $194.9K | $194.8K | 0% |
| 5+ Bedrooms | $164.4K | $234.5K | +42.6% |
Summary: Fayette County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.1%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 42.6%.
Median Sold Price Compared To Nearby Counties
| Washington County | $244.1K | $265K | +8.6% |
| Westmoreland County | $196.1K | $209.7K | +6.9% |
| Greene County | $159.8K | $162.4K | +1.7% |
| Fayette County | $160K | $160K | 0.0% |
| Somerset County | $199.9K | $196.4K | -1.7% |
Housing Supply in Fayette County, PA
How many homes are available in Fayette County, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 416 | 398 | -4.3% |
Summary: The Fayette County real estate market had 398 homes for sale in December 2024, a 4.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 98 | 95 | -3.1% |
| 3 Bedrooms | 216 | 210 | -2.8% |
| 4 Bedrooms | 78 | 71 | -9.0% |
| 5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The Fayette County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 68 | 61 | -10.3% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fayette County, you may be able to get a good deal. 68.9% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in Fayette County in December 2024, down by 10.3% month-over-month. Of the 61 sold homes, 69% were sold under asking, 18% were sold at asking, and 13% were sold over asking.
Days on Market for Fayette County, PA
How long does it take to sell a home in Fayette County, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 49 Days | 56 Days | +16.0% |
Summary: Homes in Fayette County had an average of 56 days on market in Dec 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fayette County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 61 homes were sold in Fayette County; 52% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
Information is provided by Northern Mountains of Pennsylvania MLS. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Northern Mountains of Pennsylvania MLS. All rights reserved.