Is Folcroft, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Folcroft was $200,000 in April 2024, down 5.2% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $129.9K | N/A |
2 Bedrooms | $219.9K | $170K | -22.7% |
3 Bedrooms | $209K | $200K | -4.3% |
4 Bedrooms | $225K | $205K | -8.9% |
5+ Bedrooms | $270K | - | N/A |
Summary: Folcroft housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.7%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Sharon Hill | $167.5K | $199.5K | +19.1% |
Norwood | $251.5K | $262.5K | +4.4% |
Darby Township | $187K | $189.9K | +1.6% |
Glenolden | $225K | $225.5K | 0.2% |
Folcroft | $210.9K | $200K | -5.2% |
Housing Supply in Folcroft, PA
How many homes are available in Folcroft, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 22 | -8.3% |
Summary: The Folcroft real estate market had 22 homes for sale in April 2024, a 8.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 20 | 16 | -20.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Folcroft housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Folcroft in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 6 Days | -76.8% |
Summary: Homes in Folcroft had an average of 6 days on market in Apr 2024, down by 76.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 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.