Is Fairview Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fairview Township was a Seller's Market.
Housing Prices in Fairview Township, PA
How much do homes in Fairview Township, PA cost?
Median Sold Price
$317,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fairview Township was $317,000 in April 2024, up 3.1% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $194.9K | $205K | +5.2% |
3 Bedrooms | $267.7K | $286.7K | +7.1% |
4 Bedrooms | $420K | $405K | -3.6% |
5+ Bedrooms | $546.5K | $429.9K | -21.3% |
Summary: Fairview 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 increased by 5.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 21.3%.
Median Sold Price Compared To Nearby Cities
Lower Allen Township | $250K | $268K | +7.2% |
New Cumberland | $249K | $265K | +6.4% |
Fairview Township | $307.5K | $317K | +3.1% |
Lewisberry | $427.9K | $357.4K | -16.5% |
Housing Supply in Fairview Township, PA
How many homes are available in Fairview Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 35 | -12.5% |
Summary: The Fairview Township real estate market had 35 homes for sale in April 2024, a 12.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 16 | 13 | -18.8% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Fairview 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 decreased by 18.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 5 | -70.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Fairview Township in April 2024, down by 70.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Fairview Township, PA
How long does it take to sell a home in Fairview Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 14 Days | -1.0% |
Summary: Homes in Fairview Township had an average of 14 days on market in Apr 2024, down by 1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Fairview Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.