$6,828 Closing Credit*
$575,000
2,670 SqFt
4 Beds
•2 Full Baths, 1 Partial
Marlene M Ridgway, Listing Office: Century 21 Veterans-Newtown
Is Langhorne, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Langhorne has remained a Seller's Market.
Key Takeaway
Langhorne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Langhorne, PA
How much do homes in Langhorne, PA cost?
Median Sold Price
$549,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,500(+8.6%)
Key Takeaway
Homes in Langhorne have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Langhorne was $549,000 in November 2024, up 8.6% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | $255K | +7.4% |
| 2 Bedrooms | $444.7K | $342K | -23.1% |
| 3 Bedrooms | $420K | $470K | +11.9% |
| 4 Bedrooms | $650K | $625.5K | -3.8% |
| 5+ Bedrooms | $530K | $626K | +18.1% |
Summary: Langhorne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 18.1%.
Median Sold Price Compared To Nearby Cities
| Langhorne | $505.5K | $549K | +8.6% |
| Feasterville Trevose | $437.5K | $472.5K | +8.0% |
| Northampton Township | $435.7K | $465K | +6.7% |
| Middletown Township | $393.3K | $410K | +4.2% |
Housing Supply in Langhorne, PA
How many homes are available in Langhorne, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 | 71 | -13.4% |
Summary: The Langhorne real estate market had 71 homes for sale in November 2024, a 13.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 33 | 24 | -27.3% |
| 4 Bedrooms | 34 | 29 | -14.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Langhorne housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 30 | +20.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Langhorne, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Langhorne in November 2024, up by 20.0% month-over-month. Of the 30 sold homes, 43% were sold under asking, 10% were sold at asking, and 47% were sold over asking.
Days on Market for Langhorne, PA
How long does it take to sell a home in Langhorne, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 30 Days | +77.8% |
Summary: Homes in Langhorne had an average of 30 days on market in Nov 2024, up by 77.8% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Langhorne are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in Langhorne; 77% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
