Fairview-Ferndale, PA
Housing market overview · Updated weekly
$120,000median sale price
Homes sold
4
Last 12 weeks
Days on market
85
Average pace
Active listings
10
2.5 months supply
Sale-to-list
96.6%
Below asking
Fairview-Ferndale, PA housing market analysis
The Fairview-Ferndale housing market is currently classified as a balanced market with a median sale price of $120,000. Homes in Fairview-Ferndale spend an average of 85 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 2.5 months of supply, inventory in Fairview-Ferndale is tight. A balanced market typically has 4–6 months of supply, so the current level strongly favors sellers. Buyers should expect competitive bidding situations and may need to make offers quickly, sometimes above asking price, to secure a home. The average sale-to-list price ratio stands at 96.6%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 10 active listings in Fairview-Ferndale, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 3 in the most recent period, which suggests slower turnover with fewer new options entering the pipeline. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Fairview-Ferndale as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Fairview-Ferndale with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Fairview-Ferndale, PA
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Frequently asked questions
What is the average home price in Fairview-Ferndale?
The median home sale price in Fairview-Ferndale is $120,000, down 0.0% from last year.
How long do homes stay on market in Fairview-Ferndale?
Homes typically spend 85 days on market before going under contract.
Is Fairview-Ferndale a buyer's or seller's market?
With 2.5 months of supply, Fairview-Ferndale is currently a balanced market.
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