Is Fishtown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fishtown is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Fishtown has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Fishtown, PA

How much do homes in Fishtown, PA cost?

Median Sold Price

$425,000

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,900(-1.1%)

Key Takeaway

Homes in Fishtown have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Fishtown was $425,000 in October 2024, down 1.1% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $337K$334.5K
-0.7%
2 $326K$325K
-0.3%
3 $527.5K$462.5K
-12.3%
4 $495K$645K
+30.3%
5+ $597.5K$440K
-26.4%

Summary: Fishtown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 30.3%, and 5+ bedroom homes decreased by 26.4%.

Median Sold Price Compared To Nearby Neighborhoods

Northern Liberties
+4.1%
Kensington
+0.8%
Fishtown
-1.1%
Hartranft
-5.5%
Olde Kensington
-14.5%

Housing Supply in Fishtown, PA

How many homes are available in Fishtown, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107105-1.9%

Summary: The Fishtown real estate market had 105 homes for sale in October 2024, a 1.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 3330
-9.1%
3 5247
-9.6%
4 1520
+33.3%
5+ 34
+33.3%

Summary: The Fishtown 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 decreased by 9.1%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2621-19.2%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fishtown, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Fishtown in October 2024, down by 19.2% month-over-month. Of the 21 sold homes, 38% were sold under asking, 33% were sold at asking, and 29% were sold over asking.

Days on Market for Fishtown, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days26 Days+2.2%

Summary: Homes in Fishtown had an average of 26 days on market in Oct 2024, up by 2.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 21 homes were sold in Fishtown; 57% of homes were sold within 30 days, 43% 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 21 Days Ago

Newest Listings in Fishtown, PA

Nearby Markets to Fishtown, PA