Is Crescent Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crescent Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Crescent Township, PA

How much do homes in Crescent Township, PA cost?

Median Sold Price

$222,500

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$18,501(-7.7%)

Key Takeaway

Homes in Crescent Township have sold for 7.7% less than they did a year ago.

Summary: The median home sold price in Crescent Township was $222,500 in April 2024, down 7.7% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $164K$93.2K
-43.1%
3 $223.5K$226K
+1.1%
4 $365K$290K
-20.5%
5+ -$200K
N/A

Summary: Crescent Township 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 43.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Crescent Township
-7.7%
Crescent
-7.7%

Housing Supply in Crescent Township, PA

How many homes are available in Crescent Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Crescent Township real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 23
+50.0%
5+ 00
0.0%

Summary: The Crescent Township 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 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crescent Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Crescent Township in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Crescent Township, PA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
40 Days17 Days-58.0%

Summary: Homes in Crescent Township had an average of 17 days on market in Apr 2024, down by 58% compared to last year.

Breakdown of Home Sale Times

2 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 Crescent Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Crescent Township; 67% of homes were sold within 30 days, 33% 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 9 Days Ago

Newest Listings in Crescent Township, PA

Nearby Markets to Crescent Township, PA

What housing markets are near Crescent Township, PA?