Is Crafton, 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, Crafton has remained a Seller's Market.
Key Takeaway
Crafton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crafton, PA
How much do homes in Crafton, PA cost?
Median Sold Price
$220,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Crafton have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Crafton was $220,000 in April 2024, up 4.8% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $181.7K | $176.7K | -2.8% |
| 3 Bedrooms | $175K | $205K | +17.1% |
| 4 Bedrooms | $260K | $225K | -13.5% |
| 5+ Bedrooms | $307.9K | $350K | +13.7% |
Summary: Crafton 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 2.8%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Cities
| Robinson Township | $259.9K | $300.2K | +15.5% |
| Crafton | $210K | $220K | +4.8% |
Housing Supply in Crafton, PA
How many homes are available in Crafton, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Crafton real estate market had 19 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 0 | -100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Crafton 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crafton, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Crafton in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Crafton, PA
How long does it take to sell a home in Crafton, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 75 Days | 30 Days | -60.3% |
Summary: Homes in Crafton had an average of 30 days on market in Apr 2024, down by 60.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Crafton has remained consistent over time.
Summary: During April 2024, 9 homes were sold in Crafton; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
