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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Folcroft is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Folcroft, PA cost?

Median Sold Price

$195,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$37,000(+23.4%)

Key Takeaway

Homes in Folcroft have sold for 23.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $80K-
N/A
2 $125.7K-
N/A
3 $160K$193.5K
+20.9%
4 $186.5K$225K
+20.6%
5+ $234.7K$305K
+30.0%

Median Sold Price Compared To Nearby Cities

Folcroft
+23.4%
Sharon Hill
+18.2%
Norwood
+14.5%
Darby Township
+11.1%
Glenolden
+8.8%

How many homes are available in Folcroft, PA?

Number of Homes For Sale

Oct 2022Nov 2022%
4538-15.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 22
0.0%
3 4034
-15.0%
4 10
-100.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
1210-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Folcroft, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
11 Days17 Days+57.8%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Folcroft 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 Folcroft, PA

Number of homes for sale in Folcroft, PA real estate market have reached 38. The number of listings in Folcroft, PA decreased by 15.6% between October 2022 and November 2022. While the average time on the market in November 2022 was 17 days, the median list price was $195,000. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 20.9%, prices of 4 bedrooms properties increased by 20.6%, 5 bedrooms properties prices increased by 30%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory decreased by 15%, volume of 4 bedrooms homes went down by 100%, number of 5 bedrooms homes remained the same. Over 3 listings were sold over their listed price in November 2022 in Folcroft, PA. In the same period over 2 listings were sold below the listed price and 5 listings were sold for the listed price.

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