Is Fountain Hill, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fountain Hill is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Fountain Hill, PA

How much do homes in Fountain Hill, PA cost?

Median Sold Price

$240,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,750(+6.5%)

Key Takeaway

Homes in Fountain Hill have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Fountain Hill was $240,000 in October 2024, up 6.5% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$175K
N/A
2 $188K$215K
+14.4%
3 $230.5K$237K
+2.8%
4 $220.5K$245K
+11.1%
5+ $250K$425K
+70.0%

Summary: Fountain Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 70%.

Median Sold Price Compared To Nearby Cities

Fountain Hill
+6.5%
Salisbury Township
+6.1%
Bethlehem
+3.2%
Lower Saucon Township
-10.6%

Housing Supply in Fountain Hill, PA

How many homes are available in Fountain Hill, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1112+9.1%

Summary: The Fountain Hill real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 77
0.0%
4 23
+50.0%
5+ 01
+100.0%

Summary: The Fountain Hill 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fountain Hill, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Fountain Hill in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for Fountain Hill, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days32 Days+146.2%

Summary: Homes in Fountain Hill had an average of 32 days on market in Oct 2024, up by 146.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Fountain Hill; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 16 Days Ago

Newest Listings in Fountain Hill, PA

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