Is Hopwood, PA 15445 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Hopwood is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list95.5%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$140▼ −23.8% vs. last year

The Hopwood housing market right now

In the three months ending August 31, 2026, 13% of homes in Hopwood, PA 15445 sold above their list price, the typical home went under contract in 46 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold about as fast and the median sale price fell 22% to $206,910. Overall, Hopwood is less competitive than a year ago, which gives buyers more room.

Within Fayette County, homes here sell faster than in 65% of the county’s ZIP codes, and sell more often over asking than in 61%.

Nearby, buyers who want less competition could look at Everson 15631 (0% sold over asking) or Vanderbilt 15486 (0% sold over asking), while Hiller 15444 (100% sold over asking) and East Millsboro 15433 (50% sold over asking) are even more competitive.

Nearby markets

Adah 15410Buyer’s market $32 /sq ftAllison 15413Seller’s market — /sq ftCardale 15420 — /sq ftChalk Hill 15421Seller’s market $234 /sq ft Browse all markets →

Where Hopwood is

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Questions about Hopwood real estate

Is Hopwood a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Hopwood, PA 15445 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Hopwood?

The typical home went under contract in 46 days in the latest three months.

Do homes in Hopwood sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.

What are property taxes in Hopwood?

About 1.12% of a home’s value a year in Fayette County, or roughly $4,480 on a $400,000 home.

What is the median home price in Hopwood?

The median sale price was $206,910 in the three months ending August 31, 2026, about $140 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology