Is Fountain Hill, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fountain Hill is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Fountain Hill has remained a Seller's Market.

Key Takeaway

Fountain Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Fountain Hill, PA cost?

Median Sold Price

$220,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$38,800(+21.4%)

Key Takeaway

Homes in Fountain Hill have sold for 21.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $120K-
N/A
2 $110K$175K
+59.1%
3 $176K$237.6K
+35.0%
4 $183.5K$187.5K
+2.2%
5+ $214K$251K
+17.3%

Median Sold Price Compared To Nearby Cities

Fountain Hill
+21.4%
Bethlehem
+11.6%
Lower Saucon Township
+8.8%
Salisbury Township
+5.4%

How many homes are available in Fountain Hill, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
1511-26.7%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 20
-100.0%
3 109
-10.0%
4 32
-33.3%
5+ 00
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
58+60.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fountain Hill, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
50 Days17 Days-66.0%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fountain Hill are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Fountain Hill, PA

Homes for sale in Fountain Hill, PA have reached 11. The inventory of homes for sale in Fountain Hill, PA between November 2022 and December 2022 decreased by 26.7%. In December 2022, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $220,000. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 59.1% more expensive, 3 bedrooms properties prices increased by 35%, 4 bedrooms properties became 2.2% more expensive, prices of 5 bedrooms properties went up by 17.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 100%, number of 3 bedrooms homes decreased by 10%, 4 bedrooms homes inventory decreased by 33.3%, number of 5 bedrooms homes remained the same. In December 2022, from all listings sold in Fountain Hill, PA there were more than 2 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price.

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