Is Fannett Township, 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, Fannett Township has remained a Seller's Market.
Key Takeaway
Fannett Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fannett Township, PA
How much do homes in Fannett Township, PA cost?
Median Sold Price
$220,000
$103/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Fannett Township have sold for 5.1% less than they did a month ago.
Summary: The median home sold price in Fannett Township was $220,000 in June 2024, down 5.1% from last month, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $180K | N/A |
| 3 Bedrooms | $231.7K | - | N/A |
| 4 Bedrooms | - | $220K | N/A |
| 5+ Bedrooms | - | $350K | N/A |
Summary: Fannett Township housing prices by bedroom type for June 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Spring Run | $254.5K | $265K | +4.1% |
| Fannett Township | $231.7K | $220K | -5.1% |
| Doylesburg | $231.7K | $220K | -5.1% |
Housing Supply in Fannett Township, PA
How many homes are available in Fannett Township, PA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Fannett Township real estate market had 12 homes for sale in June 2024, a 7.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fannett Township housing inventory by bedroom type for June 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fannett Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Fannett Township in June 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Fannett Township, PA
How long does it take to sell a home in Fannett Township, PA?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 15 Days | 87 Days | +471.7% |
Summary: Homes in Fannett Township had an average of 87 days on market in Jun 2024, up by 471.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fannett Township has remained consistent over time.
Summary: During June 2024, 3 homes were sold in Fannett Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
