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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fishtown is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Fishtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fishtown, PA

How much do homes in Fishtown, PA cost?

Median Sold Price

$428,333

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,208(+1.2%)

Key Takeaway

Homes in Fishtown have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Fishtown was $428,333 in November 2024, up 1.2% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $337K$334.5K
-0.7%
2 $325.5K$323K
-0.8%
3 $505K$467K
-7.5%
4 $495K$600K
+21.2%
5+ $597.5K$440K
-26.4%

Summary: Fishtown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 26.4%.

Median Sold Price Compared To Nearby Neighborhoods

Kensington
+7.5%
Northern Liberties
+3.7%
Fishtown
+1.2%
Olde Kensington
-12.1%

Housing Supply in Fishtown, PA

How many homes are available in Fishtown, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
94940.0%

Summary: The Fishtown real estate market had 94 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 2932
+10.3%
3 3735
-5.4%
4 2019
-5.0%
5+ 43
-25.0%

Summary: The Fishtown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2313-43.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was 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. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Fishtown in November 2024, down by 43.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% 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

Nov 2023Nov 2024CHANGE
33 Days36 Days+7.1%

Summary: Homes in Fishtown had an average of 36 days on market in Nov 2024, up by 7.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 13 homes were sold in Fishtown; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% 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

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