Is Northampton County, 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, Northampton County has remained a Seller's Market.
Housing Prices in Northampton County, PA
How much do homes in Northampton County, PA cost?
Median Sold Price
$325,627
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Northampton County was $325,627 in May 2024, up 5.6% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $192K | $199.9K | +4.1% |
2 Bedrooms | $230K | $254.9K | +10.9% |
3 Bedrooms | $286.4K | $308K | +7.5% |
4 Bedrooms | $424.2K | $449K | +5.8% |
5+ Bedrooms | $475K | $475K | 0.0% |
Summary: Northampton County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Lehigh County | $300.1K | $322.5K | +7.5% |
Warren County | $349.9K | $375K | +7.1% |
Northampton County | $308.3K | $325.6K | +5.6% |
Monroe County | $289.9K | $305.1K | +5.3% |
Carbon County | $227.1K | $235.1K | +3.6% |
Housing Supply in Northampton County, PA
How many homes are available in Northampton County, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
878 | 870 | -0.9% |
Summary: The Northampton County real estate market had 870 homes for sale in May 2024, a 0.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 11 | -21.4% |
2 Bedrooms | 113 | 99 | -12.4% |
3 Bedrooms | 372 | 397 | +6.7% |
4 Bedrooms | 283 | 271 | -4.2% |
5+ Bedrooms | 96 | 92 | -4.2% |
Summary: The Northampton County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 21.4%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
265 | 238 | -10.2% |
Asking Price vs. Sold Price
65 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
128 Homes Were Sold
Over Asking
Summary: A total of 238 homes were sold or pending in Northampton County in May 2024, down by 10.2% month-over-month. Of the 238 sold homes, 27% were sold under asking, 19% were sold at asking, and 54% were sold over asking.
Days on Market for Northampton County, PA
How long does it take to sell a home in Northampton County, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 21 Days | -23.9% |
Summary: Homes in Northampton County had an average of 21 days on market in May 2024, down by 23.9% compared to last year.
Breakdown of Home Sale Times
205 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 238 homes were sold in Northampton County; 86% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.