Is Folcroft, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Folcroft has remained a Seller's Market.
Housing Prices in Folcroft, PA
How much do homes in Folcroft, PA cost?
Median Sold Price
$200,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Folcroft was $200,000 in May 2024, down 5.6% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $129.9K | N/A |
2 Bedrooms | $199.9K | $181K | -9.5% |
3 Bedrooms | $210K | $200K | -4.8% |
4 Bedrooms | $230K | $200K | -13.0% |
5+ Bedrooms | $270K | - | N/A |
Summary: Folcroft housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Sharon Hill | $170K | $197.5K | +16.2% |
Norwood | $251.5K | $265K | +5.4% |
Glenolden | $221.2K | $228K | +3.1% |
Darby Township | $189K | $188.2K | -0.5% |
Folcroft | $211.9K | $200K | -5.6% |
Housing Supply in Folcroft, PA
How many homes are available in Folcroft, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 21 | 0.0% |
Summary: The Folcroft real estate market had 21 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Folcroft housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Folcroft in May 2024, down by 25.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 8 Days | -43.3% |
Summary: Homes in Folcroft had an average of 8 days on market in May 2024, down by 43.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Folcroft; 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.