Kathleen Doehring, Listing Office: Realty One Group Gold Standard
North Fayette Township Housing Market Report December 2024•Allegheny County, Pennsylvania
Housing Prices in North Fayette Township, PA
How much do homes in North Fayette Township, PA cost?
Housing Market Conditions
Is North Fayette Township, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
North Fayette Township is a Neutral Market
Difference Since December 2023
At the same time last year, North Fayette Township was a Seller's Market.
North Fayette Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in North Fayette Township have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in North Fayette Township was $305,000 in December 2024, up 7.8% from last year, and the median price per square foot was $180.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Oakdale | $282K | $306K | +8.5% |
North Fayette Township | $283K | $305K | +7.8% |
Findlay Township | $380K | $379K | -0.3% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $185K | $187.2K | +1.2% |
33 Bedrooms | $260K | $283K | +8.8% |
44 Bedrooms | $390K | $475K | +21.8% |
55+ Bedrooms | $458K | $349.5K | -23.7% |
Summary: North Fayette Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.2%. The home price for 3 bedroom homes increased by +8.8%. The home price for 4 bedroom homes increased by +21.8%. The home price for 5 bedroom homes decreased by -23.7%.
Housing supply in North Fayette Township, PA
How many homes are available in North Fayette Township, PA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
27Last MonthDec 2024 | ||
212 months agoNov 2024 | +28.6 % Change MoMNov – Dec |
Summary: The North Fayette Township real estate market had 27 homes for sale in Dec 2024, a 28.6 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthDec 2024 | ||
42 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 5 | 6 | +20.0% |
33 Bedrooms | 9 | 14 | +55.6% |
44 Bedrooms | 5 | 6 | +20.0% |
55+ Bedrooms | 2 | 1 | -50.0% |
Summary: North Fayette Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +55.6%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in North Fayette Township, PA cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price2 Homes
If you're buying a home in North Fayette Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in North Fayette Township in December 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for North Fayette Township, PA
How long does it take to sell a home in North Fayette Township, PA?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Many homes in North Fayette Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in North Fayette Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
45 DaysThis YearDec 2024 | ||
26 Days1 year agoDec 2023 | +71.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in North Fayette Township had an average listing age of 45 days in Dec 2024, up by 71.8% compared to the previous year.
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Newest Listings in North Fayette Township, PA
What homes are available in North Fayette Township, PA?
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MLS Disclaimers and Copyright
Based on information from West Penn Multi-List Inc., for the period 01/01/2023 - 01/01/2025
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: 1/30/2025, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.