$2,789 Closing Credit*
$234,900
2 Beds
•2 Full Baths
Melissa Seitz, Listing Office: Howard Hanna Real Estate Services
Is Seven Fields, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Seven Fields has remained a Seller's 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
$402,500
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,500(+4.5%)
Key Takeaway
Homes in Seven Fields have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Seven Fields was $402,500 in October 2024, up 4.5% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $222.5K | $231K | +3.8% |
| 3 Bedrooms | $410K | $405K | -1.2% |
| 4 Bedrooms | $560K | $572.5K | +2.2% |
| 5+ Bedrooms | $550K | $725K | +31.8% |
Summary: Seven Fields 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 3.8%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 31.8%.
Median Sold Price Compared To Nearby Cities
| Cranberry Township | $415K | $440K | +6.0% |
| Adams Township | $514.5K | $545K | +5.9% |
| Seven Fields | $385K | $402.5K | +4.5% |
Housing Supply in Seven Fields, PA
How many homes are available in Seven Fields, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The Seven Fields real estate market had 20 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Seven Fields 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Seven Fields, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Seven Fields in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 68 Days | +40.9% |
Summary: Homes in Seven Fields had an average of 68 days on market in Oct 2024, up by 40.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Seven Fields are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Seven Fields; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
