$1,900 Closing Credit*
$160,000
1,152 SqFt
3 Beds
•1 Full Bath, 1 Partial
gianna M Marinari, Listing Office: Weichert, Realtors - Cornerstone
Is Fern Rock, 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, Fern Rock was a Neutral Market.
Key Takeaway
Fern Rock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fern Rock, PA
How much do homes in Fern Rock, PA cost?
Median Sold Price
$188,750
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,750(+2.0%)
Key Takeaway
Homes in Fern Rock have sold for 2% more than they did a year ago.
Summary: The median home sold price in Fern Rock was $188,750 in November 2024, up 2% 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 | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $185K | $182K | -1.6% |
| 4 Bedrooms | $175K | $207.5K | +18.6% |
| 5+ Bedrooms | $285K | $325K | +14.0% |
Summary: Fern Rock 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 did not change, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Neighborhoods
| Ogontz | $155K | $182.5K | +17.7% |
| West Logan | $160K | $188K | +17.5% |
| Logan | $127K | $145K | +14.2% |
| Olney / Oak Lane | $182.5K | $202.7K | +11.1% |
| Fern Rock | $185K | $188.7K | +2.0% |
Housing Supply in Fern Rock, PA
How many homes are available in Fern Rock, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The Fern Rock real estate market had 17 homes for sale in November 2024, a 15.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Fern Rock 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 28.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fern Rock, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Fern Rock in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Fern Rock, PA
How long does it take to sell a home in Fern Rock, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 17 Days | -15.4% |
Summary: Homes in Fern Rock had an average of 17 days on market in Nov 2024, down by 15.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fern Rock are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Fern Rock; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
