Is Seven Fields, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seven Fields is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Seven Fields was a Neutral Market.

Key Takeaway

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

Housing Prices in Seven Fields, PA

How much do homes in Seven Fields, PA cost?

Median Sold Price

$340,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$70,000(-17.1%)

Key Takeaway

Homes in Seven Fields have sold for 17.1% less than they did a year ago.

Summary: The median home sold price in Seven Fields was $340,000 in November 2024, down 17.1% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $225K$231.7K
+3.0%
3 $397.5K$405K
+1.9%
4 $567.5K$570K
0.4%
5+ $550K$725K
+31.8%

Summary: Seven Fields 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 increased by 3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 31.8%.

Median Sold Price Compared To Nearby Cities

Adams Township
+6.8%
Cranberry Township
+4.7%
Seven Fields
-17.1%

Housing Supply in Seven Fields, PA

How many homes are available in Seven Fields, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2116-23.8%

Summary: The Seven Fields real estate market had 16 homes for sale in November 2024, a 23.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 96
-33.3%
4 74
-42.9%
5+ 00
0.0%

Summary: The Seven Fields 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 increased by 20%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seven Fields, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Seven Fields in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Seven Fields, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days17 Days+41.7%

Summary: Homes in Seven Fields had an average of 17 days on market in Nov 2024, up by 41.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Seven Fields; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Seven Fields, PA

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