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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crescentville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Crescentville, PA

How much do homes in Crescentville, PA cost?

Median Sold Price

$215,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,550(+9.4%)

Key Takeaway

Homes in Crescentville have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Crescentville was $215,000 in October 2024, up 9.4% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $229K-
N/A
2 $197K$165K
-16.2%
3 $190K$215K
+13.2%
4 $230K$225K
-2.2%
5+ -$243.5K
N/A

Summary: Crescentville 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 decreased by 16.2%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Olney
+11.4%
Crescentville
+9.4%
East Oak Lane
+7.3%
Lawndale
+7.2%
Summerdale
+2.0%

Housing Supply in Crescentville, PA

How many homes are available in Crescentville, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6174+21.3%

Summary: The Crescentville real estate market had 74 homes for sale in October 2024, a 21.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 5261
+17.3%
4 37
+133.3%
5+ 00
0.0%

Summary: The Crescentville 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 increased by 17.3%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crescentville, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Crescentville in October 2024, up by 27.3% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.

Days on Market for Crescentville, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days21 Days-29.4%

Summary: Homes in Crescentville had an average of 21 days on market in Oct 2024, down by 29.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 14 homes were sold in Crescentville; 71% of homes were sold within 30 days, 29% 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 Crescentville, PA

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