Is Crescentville, 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, Crescentville has remained a Seller's Market.
Key Takeaway
Crescentville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crescentville, PA
How much do homes in Crescentville, PA cost?
Median Sold Price
$206,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Crescentville have sold for 3% more than they did a year ago.
Summary: The median home sold price in Crescentville was $206,000 in April 2024, up 3% 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 | - | $229K | N/A |
| 2 Bedrooms | $207K | $165K | -20.3% |
| 3 Bedrooms | $194.9K | $200K | +2.6% |
| 4 Bedrooms | $235.5K | $222K | -5.7% |
| 5+ Bedrooms | $300K | $243.5K | -18.8% |
Summary: Crescentville 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 20.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 18.8%.
Median Sold Price Compared To Nearby Neighborhoods
| East Oak Lane | $234K | $262K | +12.0% |
| Summerdale | $175K | $183.4K | +4.8% |
| Crescentville | $200K | $206K | +3.0% |
| Olney | $172.5K | $175K | +1.4% |
| Lawndale | $253K | $250K | -1.2% |
Housing Supply in Crescentville, PA
How many homes are available in Crescentville, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 43 | -14.0% |
Summary: The Crescentville real estate market had 43 homes for sale in April 2024, a 14.0% 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 | 2 | +100.0% |
| 3 Bedrooms | 44 | 38 | -13.6% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Crescentville 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 increased by 100%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crescentville, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Crescentville in April 2024, down by 15.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Crescentville, PA
How long does it take to sell a home in Crescentville, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 35 Days | -7.9% |
Summary: Homes in Crescentville had an average of 35 days on market in Apr 2024, down by 7.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Crescentville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Crescentville; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
