Is Fairhill, 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, Fairhill has remained a Buyer's Market.
Housing Prices in Fairhill, PA
How much do homes in Fairhill, PA cost?
Median Sold Price
$135,000
$100/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Fairhill was $135,000 in April 2024, up 50% from last month, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $120K | N/A |
2 Bedrooms | $85K | $62.5K | -26.5% |
3 Bedrooms | $95K | $155K | +63.2% |
4 Bedrooms | $85K | $216.2K | +154.4% |
5+ Bedrooms | - | - | N/A |
Summary: Fairhill housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.5%, 3 bedroom homes increased by 63.2%, 4 bedroom homes increased by 154.4%, and 5+ bedroom homes did not change.
Housing Supply in Fairhill, PA
How many homes are available in Fairhill, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
93 | 115 | +23.7% |
Summary: The Fairhill real estate market had 115 homes for sale in April 2024, a 23.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 19 | 29 | +52.6% |
3 Bedrooms | 59 | 69 | +16.9% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Fairhill 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 increased by 52.6%, 3 bedroom homes increased by 16.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Fairhill in April 2024, up by 20.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Fairhill, PA
How long does it take to sell a home in Fairhill, PA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 138 Days | +134.6% |
Summary: Homes in Fairhill had an average of 138 days on market in Apr 2024, up by 134.6% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Fairhill; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.