Is Fox Chase, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fox Chase was a Seller's Market.
Key Takeaway
Fox Chase is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fox Chase, PA
How much do homes in Fox Chase, PA cost?
Median Sold Price
$325,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fox Chase have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Fox Chase was $325,000 in April 2024, up 3.3% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | $294.5K | +33.3% |
| 2 Bedrooms | $269.9K | $300K | +11.2% |
| 3 Bedrooms | $307.2K | $325K | +5.8% |
| 4 Bedrooms | $355K | $350K | -1.4% |
| 5+ Bedrooms | $492.5K | $358.5K | -27.2% |
Summary: Fox Chase housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 27.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Burholme | $264.9K | $300.5K | +13.4% |
| Fox Chase | $314.5K | $325K | +3.3% |
| Rhawnhurst | $299.9K | $305K | +1.7% |
| Bustleton | $357.6K | $360K | +0.7% |
| Krewstown | $340K | $320.5K | -5.7% |
Housing Supply in Fox Chase, PA
How many homes are available in Fox Chase, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 42 | +35.5% |
Summary: The Fox Chase real estate market had 42 homes for sale in April 2024, a 35.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 21 | 27 | +28.6% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Fox Chase housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fox Chase, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Fox Chase in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Fox Chase, PA
How long does it take to sell a home in Fox Chase, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 89 Days | +150.0% |
Summary: Homes in Fox Chase had an average of 89 days on market in Apr 2024, up by 150% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fox Chase are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Fox Chase; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
