Is Fogelsville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fogelsville has remained a Seller's Market.
Key Takeaway
Fogelsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fogelsville, PA
How much do homes in Fogelsville, PA cost?
Median Sold Price
$635,230
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Fogelsville have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Fogelsville was $635,230 in May 2024, up 2.5% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $218.5K | +6.6% |
| 3 Bedrooms | $360K | $345K | -4.2% |
| 4 Bedrooms | $689.1K | $662.8K | -3.8% |
| 5+ Bedrooms | $711.8K | $693.1K | -2.6% |
Summary: Fogelsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.6%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Orefield | $390K | $482.5K | +23.7% |
| Breinigsville | $434K | $462.7K | +6.6% |
| Fogelsville | $620K | $635.2K | +2.5% |
| Weisenberg Township | $563.5K | $552.5K | -2.0% |
Housing Supply in Fogelsville, PA
How many homes are available in Fogelsville, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Fogelsville real estate market had 18 homes for sale in May 2024, a 10.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Fogelsville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fogelsville, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Fogelsville in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Fogelsville, PA
How long does it take to sell a home in Fogelsville, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 19 Days | -28.7% |
Summary: Homes in Fogelsville had an average of 19 days on market in May 2024, down by 28.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fogelsville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Fogelsville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
