$10,000 Closing Credit*
$1,395,000
4,568 SqFt
4 Beds
•4 Full Baths, 1 Partial
Linda P Danese, Listing Office: Kurfiss Sotheby's International Realty
Is Newtown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Newtown Township has remained a Seller's Market.
Key Takeaway
Newtown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newtown Township, PA
How much do homes in Newtown Township, PA cost?
Median Sold Price
$642,500
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$24,833(-3.7%)
Key Takeaway
Homes in Newtown Township have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in Newtown Township was $642,500 in December 2024, down 3.7% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $253.5K | $295K | +16.4% |
| 2 Bedrooms | $352.5K | $381.5K | +8.2% |
| 3 Bedrooms | $549.9K | $581K | +5.7% |
| 4 Bedrooms | $835K | $860K | +3.0% |
| 5+ Bedrooms | $1.2M | $1.3M | +10.5% |
Summary: Newtown Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.4%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Southampton | $470K | $519.3K | +10.5% |
| Wrightstown Township | $811.5K | $850K | +4.7% |
| Northampton Township | $449.2K | $460.2K | +2.4% |
| Newtown Township | $667.3K | $642.5K | -3.7% |
| Newtown | $674.3K | $641.6K | -4.8% |
Housing Supply in Newtown Township, PA
How many homes are available in Newtown Township, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 74 | 54 | -27.0% |
Summary: The Newtown Township real estate market had 54 homes for sale in December 2024, a 27.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 17 | 12 | -29.4% |
| 3 Bedrooms | 23 | 13 | -43.5% |
| 4 Bedrooms | 23 | 20 | -13.0% |
| 5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Newtown Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes decreased by 43.5%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 29 | 17 | -41.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newtown Township, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Newtown Township in December 2024, down by 41.4% month-over-month. Of the 17 sold homes, 76% were sold under asking, 12% were sold at asking, and 12% were sold over asking.
Days on Market for Newtown Township, PA
How long does it take to sell a home in Newtown Township, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 19 Days | 47 Days | +149.3% |
Summary: Homes in Newtown Township had an average of 47 days on market in Dec 2024, up by 149.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newtown Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 17 homes were sold in Newtown Township; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
