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 November 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

$343,000

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+6.2%)

Key Takeaway

Homes in Croydon have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Croydon was $343,000 in November 2024, up 6.2% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$230K
N/A
2 $241K$315K
+30.7%
3 $315K$335K
+6.3%
4 $395.5K$402.4K
+1.8%
5+ $310K$375K
+21.0%

Summary: Croydon 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 increased by 30.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 21%.

Housing Supply in Croydon, PA

How many homes are available in Croydon, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2924-17.2%

Summary: The Croydon real estate market had 24 homes for sale in November 2024, a 17.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 1512
-20.0%
4 77
0.0%
5+ 22
0.0%

Summary: The Croydon 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 40%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were 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. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Croydon in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% 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

Nov 2023Nov 2024CHANGE
16 Days13 Days-21.5%

Summary: Homes in Croydon had an average of 13 days on market in Nov 2024, down by 21.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was 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 November 2024, 9 homes were sold in Croydon; 89% of homes were sold within 30 days, 11% 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

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