Is Fox Chapel, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fox Chapel is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Fox Chapel was a Buyer's Market.

Key Takeaway

Fox Chapel 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 Fox Chapel, PA

How much do homes in Fox Chapel, PA cost?

Median Sold Price

$1,325,000

$270/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$625,000(+89.3%)

Key Takeaway

Homes in Fox Chapel have sold for 89.3% more than they did a month ago.

Summary: The median home sold price in Fox Chapel was $1,325,000 in December 2024, up 89.3% from last month, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$1.3M
N/A
3 $534.5K-
N/A
4 $1.3M-
N/A
5+ -$1.3M
N/A

Summary: Fox Chapel housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fox Chapel
+89.3%
Aspinwall
+16.0%

Housing Supply in Fox Chapel, PA

How many homes are available in Fox Chapel, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2725-7.4%

Summary: The Fox Chapel real estate market had 25 homes for sale in December 2024, a 7.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 1110
-9.1%
5+ 1313
0.0%

Summary: The Fox Chapel housing inventory by bedroom type for December 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 50%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fox Chapel, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Fox Chapel in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fox Chapel, PA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
19 Days117 Days+496.2%

Summary: Homes in Fox Chapel had an average of 117 days on market in Dec 2024, up by 496.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fox Chapel has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Fox Chapel; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

Newest Listings in Fox Chapel, PA

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