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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colwyn is a seller's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Colwyn was a Neutral Market.

Key Takeaway

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

How much do homes in Colwyn, PA cost?

Median Sold Price

$145,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$45,000(+45.0%)

Key Takeaway

Homes in Colwyn have sold for 45% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $88.5K$43K
-51.4%
3 $100K$159.9K
+59.9%
4 $80K$95K
+18.8%
5+ $177.5K$215K
+21.1%

Median Sold Price Compared To Nearby Cities

Colwyn
+45.0%
Sharon Hill
+18.2%
Darby Township
+11.1%
Darby
+4.3%
Philadelphia
0.0%

How many homes are available in Colwyn, PA?

Number of Homes For Sale

Oct 2022Nov 2022%
15150.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 22
0.0%
3 1010
0.0%
4 22
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colwyn, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
9 Days11 Days+26.7%

Breakdown of Home Sale Times

5 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 Colwyn are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Colwyn, PA

Homes for sale in Colwyn, PA have reached 15. While the average time on the market in November 2022 was 11 days, the median list price was $145,000. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went down by 51.4%, 3 bedrooms properties prices increased by 59.9%, 4 bedrooms properties prices increased by 18.8%, 5 bedrooms properties became 21.1% more expensive. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes have not changed, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in November 2022 in Colwyn, PA. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price.

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