Is Seven Fields, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Seven Fields was a Seller's Market.
Housing Prices in Seven Fields, PA
How much do homes in Seven Fields, PA cost?
Median Sold Price
$430,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Seven Fields was $430,000 in March 2024, up 11.7% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $207K | $224K | +8.2% |
3 Bedrooms | $385K | $450K | +16.9% |
4 Bedrooms | $549.5K | $567.5K | +3.3% |
5+ Bedrooms | - | $550K | N/A |
Summary: Seven Fields housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Seven Fields | $385K | $430K | +11.7% |
Adams Township | $484K | $525K | +8.5% |
Cranberry Township | $402K | $415.6K | +3.4% |
Housing Supply in Seven Fields, PA
How many homes are available in Seven Fields, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 22 | +46.7% |
Summary: The Seven Fields real estate market had 22 homes for sale in March 2024, a 46.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Seven Fields housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Seven Fields in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Seven Fields, PA
How long does it take to sell a home in Seven Fields, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 26 Days | -28.3% |
Summary: Homes in Seven Fields had an average of 26 days on market in Mar 2024, down by 28.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Seven Fields; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.