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📍 Fairhope, PA · Zillow ZHVI · July 2026

Average Home Price in
Fairhope, PA

Somerset, PA metro area · Somerset County County

Median Home Value
$188,923
↑ 7.4% year-over-year
vs. National Median
$410,000
Fairhope is 54% below
Est. Monthly Payment
$985/mo
20% down · 6.8% rate
Income Needed
$50K
gross annual (30% rule)
Median Home Value
$188,923
↑ 7.4% year-over-year
Down Payment (20%)$37,785
Monthly P&I$985/mo
With Taxes & Ins.~$1,251/mo
Income Needed$50,040/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Fairhope, PA

The median home value in Fairhope, PA is $188,923 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.4% compared to a year ago and down 3% from two years prior.

Compared to the U.S. national median of $410,000, homes in Fairhope are priced54% below average. Fairhope is part of the Somerset, PA metro area.

City Comparison

Fairhope vs. National Median

🏠 Fairhope
$188,923
National Median
$410,000

At $188,923, homes in Fairhope cost 54% below the national median of $410,000. This makes Fairhope a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Fairhope?

20% Down Payment
$37,785
on $188,923
Monthly P&I
$985/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,251/mo
incl. taxes & insurance
Income Needed
$50,040
gross annual (30% rule)
10% Down Option
$18,892
+ PMI applies
Loan Amount (20% dn)
$151,138
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Fairhope, PA?
The median home value in Fairhope is $188,923 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.4% year-over-year.
How much have home prices changed in Fairhope?
Over the past year, home values in Fairhope have increased by 7.4%.
How much do I need to earn to buy a home in Fairhope?
To comfortably afford the median home price of $188,923 with a 20% down payment ($37,785) at today's rates (6.8%), you'd need a gross annual income of approximately $50,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Fairhope compare to the national average home price?
The national median home value is approximately $410,000. At $188,923, homes in Fairhope are 54% below the national average.
What metro area is Fairhope part of?
Fairhope is part of the Somerset, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.