Is Croydon, 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, Croydon has remained a Seller's Market.
Key Takeaway
Croydon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Croydon, PA
How much do homes in Croydon, PA cost?
Median Sold Price
$322,250
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Croydon have sold for 3% more than they did a year ago.
Summary: The median home sold price in Croydon was $322,250 in April 2024, up 3% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $235K | -6.0% |
| 3 Bedrooms | $310K | $315K | +1.6% |
| 4 Bedrooms | $340K | $405.5K | +19.3% |
| 5+ Bedrooms | $337.5K | $287.5K | -14.8% |
Summary: Croydon 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 6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes decreased by 14.8%.
Housing Supply in Croydon, PA
How many homes are available in Croydon, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Summary: The Croydon real estate market had 25 homes for sale in April 2024, a 19.0% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Croydon 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 remained the same, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 12 | +140.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Croydon, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Croydon in April 2024, up by 140.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.
Days on Market for Croydon, PA
How long does it take to sell a home in Croydon, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 31 Days | +234.1% |
Summary: Homes in Croydon had an average of 31 days on market in Apr 2024, up by 234.1% compared to last year.
Breakdown of Home Sale Times
9 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 Croydon are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Croydon; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
