Is Fishtown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fishtown has remained a Seller's Market.
Key Takeaway
Fishtown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fishtown, PA
How much do homes in Fishtown, PA cost?
Median Sold Price
$440,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fishtown have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Fishtown was $440,000 in April 2024, up 5.5% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330.7K | $359.9K | +8.8% |
| 2 Bedrooms | $335K | $325K | -3.0% |
| 3 Bedrooms | $505K | $492.9K | -2.4% |
| 4 Bedrooms | $518.7K | $675K | +30.1% |
| 5+ Bedrooms | $607.5K | $450K | -25.9% |
Summary: Fishtown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 30.1%, and 5+ bedroom homes decreased by 25.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Olde Kensington | $445K | $486K | +9.2% |
| Fishtown | $417K | $440K | +5.5% |
| Northern Liberties | $512.5K | $500K | -2.4% |
| Kensington | $279.9K | $269.5K | -3.7% |
| Hartranft | $385K | $305K | -20.8% |
Housing Supply in Fishtown, PA
How many homes are available in Fishtown, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 94 | 95 | +1.1% |
Summary: The Fishtown real estate market had 95 homes for sale in April 2024, a 1.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 22 | 19 | -13.6% |
| 3 Bedrooms | 43 | 46 | +7.0% |
| 4 Bedrooms | 17 | 22 | +29.4% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Fishtown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fishtown, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Fishtown in April 2024, down by 20.8% month-over-month. Of the 19 sold homes, 42% were sold under asking, 42% were sold at asking, and 16% were sold over asking.
Days on Market for Fishtown, PA
How long does it take to sell a home in Fishtown, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 47 Days | -18.0% |
Summary: Homes in Fishtown had an average of 47 days on market in Apr 2024, down by 18% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fishtown are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in Fishtown; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
