Fairhope Housing Market Report January 2025•Somerset County, Pennsylvania

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Housing Prices in Fairhope, PA

How much do homes in Fairhope, PA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$246,500$141/SqFt
-$1,153,500
-82.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Fairhope has decreased by 82.4% since last year.

Summary: The median home list price in Fairhope was $246,500 in January 2025, down 82.4% from the previous year, and the median price per square foot was $141.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Allegheny Township
+61.7%
Northampton Township
+3.5%
Fairhope
-82.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2-$154.9K
N/A
3$1.4M$258K
-81.6%
4-$695K
N/A
5--
N/A

Summary: Fairhope housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -81.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Fairhope, PA

How many homes are available in Fairhope, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
3Last MonthJan 2025
42 months agoDec 2024
-25.0 %
Change MoMDec – Jan

Summary: The Fairhope real estate market had 3 homes for sale in Jan 2025, a 25.0 % decrease compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
211
0.0%
332
-33.3%
400
0.0%
500
0.0%

Summary: Fairhope housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Fairhope, PA

How long does it take to sell a home in Fairhope, PA?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
361 DaysThis YearJan 2025
540 Days1 year agoJan 2024
-33.1 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Fairhope had an average listing age of 361 days in Jan 2025, down by 33.1% compared to the previous year.

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Newest Listings in Fairhope, PA

What homes are available in Fairhope, PA?

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MLS Disclaimers and Copyright

Based on information from West Penn Multi-List Inc., and Allegheny Highland Association of REALTORS MLS for the period 02/01/2023 - 02/01/2025

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information provided in part by the Allegheny Highland Association of Realtors MLS for personal, non-commercial use. No Data may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © 2025 Allegheny Highland Association of Realtors MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 4:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.