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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Croydon is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Croydon, PA

How much do homes in Croydon, PA cost?

Median Sold Price

$341,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,500(+6.4%)

Key Takeaway

Homes in Croydon have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Croydon was $341,000 in October 2024, up 6.4% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$230K
N/A
2 $247K$289.9K
+17.4%
3 $315.5K$335K
+6.2%
4 $385K$409.9K
+6.5%
5+ $342.5K$353.5K
+3.2%

Summary: Croydon 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 17.4%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 3.2%.

Housing Supply in Croydon, PA

How many homes are available in Croydon, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1928+47.4%

Summary: The Croydon real estate market had 28 homes for sale in October 2024, a 47.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 45
+25.0%
3 714
+100.0%
4 67
+16.7%
5+ 12
+100.0%

Summary: The Croydon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 8 homes were sold or pending in Croydon in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.

Days on Market for Croydon, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days9 Days-62.8%

Summary: Homes in Croydon had an average of 9 days on market in Oct 2024, down by 62.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Croydon; 100% of homes were sold within 30 days, 0% 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 14 Days Ago

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