$6,828 Closing Credit*
$574,999
2,134 SqFt
3 Beds
•2 Full Baths, 1 Partial
Mitchell J Stezen, Listing Office: Matlis Real Estate Services
Is Lower Southampton Township, 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, Lower Southampton Township has remained a Seller's Market.
Key Takeaway
Lower Southampton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lower Southampton Township, PA
How much do homes in Lower Southampton Township, PA cost?
Median Sold Price
$467,500
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+8.1%)
Key Takeaway
Homes in Lower Southampton Township have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Lower Southampton Township was $467,500 in November 2024, up 8.1% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $180K | -41.9% |
| 2 Bedrooms | $385K | $360.2K | -6.4% |
| 3 Bedrooms | $399.9K | $435K | +8.8% |
| 4 Bedrooms | $530K | $580K | +9.4% |
| 5+ Bedrooms | $520K | $500K | -3.8% |
Summary: Lower Southampton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.9%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Southampton | $456.3K | $517.2K | +13.4% |
| Lower Southampton Township | $432.5K | $467.5K | +8.1% |
| Feasterville Trevose | $437.5K | $472.5K | +8.0% |
| Middletown Township | $393.3K | $410K | +4.2% |
| Upper Southampton Township | $435K | $446.9K | +2.7% |
Housing Supply in Lower Southampton Township, PA
How many homes are available in Lower Southampton Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 28 | -24.3% |
Summary: The Lower Southampton Township real estate market had 28 homes for sale in November 2024, a 24.3% 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 | 6 | 4 | -33.3% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 18 | 11 | -38.9% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Lower Southampton Township 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 decreased by 33.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 38.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Southampton Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Lower Southampton Township in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Lower Southampton Township, PA
How long does it take to sell a home in Lower Southampton Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 27 Days | +160.6% |
Summary: Homes in Lower Southampton Township had an average of 27 days on market in Nov 2024, up by 160.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lower Southampton Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Lower Southampton Township; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
