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 December 2023

At the same time last year, Crafton was a Neutral 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

$205,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$9,500(-4.4%)

Key Takeaway

Homes in Crafton have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Crafton was $205,000 in December 2024, down 4.4% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $180.5K$154.2K
-14.5%
3 $188K$205K
+9.0%
4 $249.9K$190K
-24.0%
5+ $350K$365K
+4.3%

Summary: Crafton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.5%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Cities

Robinson Township
+19.9%
Crafton
-4.4%

Housing Supply in Crafton, PA

How many homes are available in Crafton, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1917-10.5%

Summary: The Crafton real estate market had 17 homes for sale in December 2024, a 10.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 89
+12.5%
4 53
-40.0%
5+ 43
-25.0%

Summary: The Crafton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Crafton in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
28 Days72 Days+158.0%

Summary: Homes in Crafton had an average of 72 days on market in Dec 2024, up by 158% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 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 December 2024, 4 homes were sold in Crafton; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

Newest Listings in Crafton, PA

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