Is Northumberland, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Northumberland has remained a Seller's Market.
Key Takeaway
Northumberland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northumberland, PA
How much do homes in Northumberland, PA cost?
Median Sold Price
$180,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Northumberland have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Northumberland was $180,000 in May 2024, up 4.3% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $152.8K | +1.9% |
| 3 Bedrooms | $172.5K | $189.9K | +10.1% |
| 4 Bedrooms | $305K | $282.5K | -7.4% |
| 5+ Bedrooms | $155K | $167.5K | +8.1% |
Summary: Northumberland 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 1.9%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 8.1%.
Housing Supply in Northumberland, PA
How many homes are available in Northumberland, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Northumberland real estate market had 17 homes for sale in May 2024, a 6.3% increase 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 | 4 | 1 | -75.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Northumberland 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 decreased by 75%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northumberland, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Northumberland in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Northumberland, PA
We’re sorry, we don't have information for this market at the moment
