Is Felton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Felton was a Seller's Market.
Key Takeaway
Felton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Felton, PA
How much do homes in Felton, PA cost?
Median Sold Price
$278,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Felton have sold for 5.8% less than they did a year ago.
Summary: The median home sold price in Felton was $278,000 in May 2024, down 5.8% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $162.5K | +16.1% |
| 3 Bedrooms | $264.6K | $276K | +4.3% |
| 4 Bedrooms | $315K | $286K | -9.2% |
| 5+ Bedrooms | $776K | $330K | -57.5% |
Summary: Felton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 57.5%.
Median Sold Price Compared To Nearby Cities
| North Hopewell Township | $315K | $370K | +17.5% |
| Chanceford Township | $277.4K | $299.9K | +8.1% |
| Windsor Township | $289.5K | $300K | +3.6% |
| Felton | $295K | $278K | -5.8% |
Housing Supply in Felton, PA
How many homes are available in Felton, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Felton real estate market had 14 homes for sale in May 2024, a 6.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Felton housing inventory by bedroom type for May 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 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Felton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Felton in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Felton, PA
How long does it take to sell a home in Felton, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 17 Days | 84 Days | +388.4% |
Summary: Homes in Felton had an average of 84 days on market in May 2024, up by 388.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Felton has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Felton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
