Is Fawn Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fawn Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Fawn Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Fawn Township, PA

How much do homes in Fawn Township, PA cost?

Median Sold Price

$380,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$57,712(+17.9%)

Key Takeaway

Homes in Fawn Township have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in Fawn Township was $380,000 in April 2024, up 17.9% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $205K-
N/A
3 $300K$339.9K
+13.3%
4 $327.5K$460K
+40.5%
5+ $475K$380K
-20.0%

Summary: Fawn Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 40.5%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Cities

Airville
+26.1%
Fawn Township
+17.9%

Housing Supply in Fawn Township, PA

How many homes are available in Fawn Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The Fawn Township real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Fawn Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fawn Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Fawn Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Fawn Township, PA

How long does it take to sell a home in Fawn Township, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
6 Days3 Days-41.7%

Summary: Homes in Fawn Township had an average of 3 days on market in Apr 2024, down by 41.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Fawn Township; 100% of homes were sold within 30 days, 0% 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 12 Days Ago

Newest Listings in Fawn Township, PA

Nearby Markets to Fawn Township, PA

What housing markets are near Fawn Township, PA?