How much do homes in Fayette County, PA cost?

Median List Price

$153,706

Based on all homes listed in the last 12 months.

Difference Since September 2020

+$23,806(+18.3%)

Key Takeaway

The list price of homes in Fayette County has increased by 18.3% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSSep 2020Sep 2021%
1 $64.9K$48.4K-25.3%
2 $79.9K$84.9K+6.3%
3 $139.9K$159.9K+14.3%
4 $169.5K$214.9K+26.8%
5+ $244K$279K+14.3%

Median List Price Compared To Nearby Counties

Fayette County
+18.3%
Greene County
+15.4%
Somerset County
+13.3%
Washington County
+9.5%
Westmoreland County
+9.4%

How many homes are available in Fayette County, PA?

Number of Homes For Sale

Aug 2021Sep 2021%
464453-2.4%

Homes For Sale By Bedroom Count

# BEDSAug 2021Sep 2021%
1 550.0%
2 9690-6.3%
3 249248-0.4%
4 9691-5.2%
5+ 1819+5.6%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Sep 2020Sep 2021%
155 Days114 Days-26.5%

Breakdown of Home Sale Times

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Key Takeaway

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About Fayette County, PA

Homes for sale in Fayette County, PA have reached 453. The number of listings in Fayette County, PA decreased by 2.4% between August 2021 and September 2021. In September 2021, listings were on the market for 114 days. During the same period, the median list price in this real estate market was $153,706. From August 2021 through September 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went down by 25.3%, 2 bedrooms properties became 6.3% more expensive, the cost of 3 bedrooms properties went up by 14.3%, prices of 4 bedrooms properties went up by 26.8%, 5 bedrooms properties became 14.3% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 6.3%, number of 3 bedrooms homes decreased by 0.4%, the quantity of 4 bedrooms homes went down by 5.2%, volume of 5 bedrooms homes went up by 5.6%. Over 21 listings were sold over their listed price in September 2021 in Fayette County, PA. In the same period over 39 listings were sold below the listed price and 14 listings were sold for the listed price.

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