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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crescent is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Crescent was a Seller's Market.

Key Takeaway

Crescent is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Crescent, PA

How much do homes in Crescent, PA cost?

Median Sold Price

$226,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,500(+1.6%)

Key Takeaway

Homes in Crescent have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Crescent was $226,000 in October 2024, up 1.6% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $93K$172.2K
+85.1%
3 $211.2K$225K
+6.5%
4 $290K$274.9K
-5.2%
5+ $200K-
N/A

Summary: Crescent housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 85.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Crescent
+1.6%
Crescent Township
+1.6%
Leetsdale
-4.7%

Housing Supply in Crescent, PA

How many homes are available in Crescent, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1115+36.4%

Summary: The Crescent real estate market had 15 homes for sale in October 2024, a 36.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 88
0.0%
4 15
+400.0%
5+ 00
0.0%

Summary: The Crescent housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 400%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crescent, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Crescent in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Crescent, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days60 Days+57.9%

Summary: Homes in Crescent had an average of 60 days on market in Oct 2024, up by 57.9% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Crescent has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Crescent; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in Crescent, PA

Nearby Markets to Crescent, PA

What housing markets are near Crescent, PA?