$99,900
5.64 Acres
Land
Jay Schmitt, Listing Office: Keller Williams Keystone Realty
Is Fairfield, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Fairfield has remained a Seller's Market.
Key Takeaway
Fairfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairfield, PA
How much do homes in Fairfield, PA cost?
Median Sold Price
$355,000
$171/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$78,000(-18.0%)
Key Takeaway
Homes in Fairfield have sold for 18% less than they did a month ago.
Summary: The median home sold price in Fairfield was $355,000 in September 2024, down 18% from last month, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $207.5K | N/A |
| 3 Bedrooms | $367.5K | $620K | +68.7% |
| 4 Bedrooms | $800K | - | N/A |
| 5+ Bedrooms | $470K | $420K | -10.6% |
Summary: Fairfield housing prices by bedroom type for September 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 increased by 68.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 10.6%.
Housing Supply in Fairfield, PA
How many homes are available in Fairfield, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 31 | 29 | -6.5% |
Summary: The Fairfield real estate market had 29 homes for sale in September 2024, a 6.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Fairfield housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairfield, 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 Fairfield in September 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Fairfield, PA
How long does it take to sell a home in Fairfield, PA?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 37 Days | 48 Days | +28.3% |
Summary: Homes in Fairfield had an average of 48 days on market in Sep 2024, up by 28.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fairfield are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 6 homes were sold in Fairfield; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
