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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Folcroft is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Folcroft, PA

How much do homes in Folcroft, PA cost?

Median Sold Price

$205,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$250(+0.1%)

Key Takeaway

The sold price of homes in Folcroft has remained the same since last year.

Summary: The median home sold price in Folcroft was $205,000 in October 2024, up 0.1% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $129.9K-
N/A
2 $181K$191.5K
+5.8%
3 $207.5K$207.9K
0.2%
4 $240.5K$205K
-14.8%
5+ $270K-
N/A

Summary: Folcroft 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 5.8%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Norwood
+19.5%
Sharon Hill
+8.1%
Glenolden
+4.4%
Darby Township
+0.7%
Folcroft
0.1%

Housing Supply in Folcroft, PA

How many homes are available in Folcroft, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2018-10.0%

Summary: The Folcroft real estate market had 18 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1514
-6.7%
4 43
-25.0%
5+ 01
+100.0%

Summary: The Folcroft 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 decreased by 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Folcroft, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Folcroft in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Folcroft, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days35 Days+112.4%

Summary: Homes in Folcroft had an average of 35 days on market in Oct 2024, up by 112.4% compared to last year.

Breakdown of Home Sale Times

3 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

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

Summary: During October 2024, 5 homes were sold in Folcroft; 60% of homes were sold within 30 days, 40% 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 20 Days Ago

Newest Listings in Folcroft, PA

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