Fernway, PA

Balanced market-29.1% YoY

Housing market overview · Updated weekly

$320,000median sale price

Homes sold

11

Last 12 weeks

Days on market

80

Average pace

Active listings

35

3.2 months supply

Sale-to-list

98.2%

Below asking

The Fernway housing market is currently classified as a balanced market with a median sale price of $320,000. Prices have fallen 29.1% compared to last year, with homes spending an average of 80 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Fernway

There are currently 35 homes listed for sale in Fernway, Pennsylvania. The median listing price is $405K.

Active listings

35

Homes on market

Median list price

$405K

Avg. days on market

80

Days until sale

New this week

16

Newly listed

Price drops:14.3%of listings
Sale-to-list:98.2%

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Frequently asked questions

What is the average home price in Fernway?

The median home sale price in Fernway is $320,000, down 29.1% from last year.

How long do homes stay on market in Fernway?

Homes typically spend 80 days on market before going under contract.

Is Fernway a buyer's or seller's market?

With 3.2 months of supply, Fernway is currently a balanced market.

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