Is Crafton, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crafton is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Crafton has remained a Seller's Market.

Key Takeaway

Crafton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Crafton, PA

How much do homes in Crafton, PA cost?

Median Sold Price

$206,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,500(-4.0%)

Key Takeaway

Homes in Crafton have sold for 4% less than they did a year ago.

Summary: The median home sold price in Crafton was $206,000 in November 2024, down 4% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $180.5K$173.5K
-3.9%
3 $180K$212K
+17.8%
4 $264.9K$187K
-29.4%
5+ $350K$365K
+4.3%

Summary: Crafton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 17.8%, 4 bedroom homes decreased by 29.4%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Cities

Robinson Township
+22.7%
Ingram
+8.0%
Crafton
-4.0%

Housing Supply in Crafton, PA

How many homes are available in Crafton, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2320-13.0%

Summary: The Crafton real estate market had 20 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1210
-16.7%
4 55
0.0%
5+ 33
0.0%

Summary: The Crafton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crafton, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Crafton in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Crafton, PA

How long does it take to sell a home in Crafton, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
4 Days29 Days+640.0%

Summary: Homes in Crafton had an average of 29 days on market in Nov 2024, up by 640% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Crafton are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Crafton; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Crafton, PA

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