Is Northumberland 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, Northumberland County has remained a Seller's Market.
Housing Prices in Northumberland County, PA
How much do homes in Northumberland County, PA cost?
Median Sold Price
$136,083
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Northumberland County was $136,083 in May 2024, up 6.9% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $22K | $35K | +59.1% |
2 Bedrooms | $95K | $132.5K | +39.5% |
3 Bedrooms | $125K | $145K | +16.0% |
4 Bedrooms | $162.9K | $166.2K | +2.0% |
5+ Bedrooms | $131K | $103K | -21.4% |
Summary: Northumberland County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.1%, 2 bedroom homes increased by 39.5%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 21.4%.
Median Sold Price Compared To Nearby Counties
Columbia County | $185K | $199.6K | +7.9% |
Northumberland County | $127.2K | $136K | +6.9% |
Union County | $280K | $284.9K | +1.8% |
Montour County | $246.7K | $236K | -4.4% |
Snyder County | $225K | $210K | -6.7% |
Housing Supply in Northumberland County, PA
How many homes are available in Northumberland County, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
271 | 276 | +1.8% |
Summary: The Northumberland County real estate market had 276 homes for sale in May 2024, a 1.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 40 | 36 | -10.0% |
3 Bedrooms | 139 | 131 | -5.8% |
4 Bedrooms | 48 | 60 | +25.0% |
5+ Bedrooms | 41 | 48 | +17.1% |
Summary: The Northumberland County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 17.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 66 | +24.5% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in Northumberland County in May 2024, up by 24.5% month-over-month. Of the 66 sold homes, 50% were sold under asking, 12% were sold at asking, and 38% were sold over asking.
Days on Market for Northumberland County, PA
How long does it take to sell a home in Northumberland County, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
67 Days | 31 Days | -53.2% |
Summary: Homes in Northumberland County had an average of 31 days on market in May 2024, down by 53.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 66 homes were sold in Northumberland County; 6% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.