$4,749 Closing Credit*
$399,900
2,077 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Realty One Group Supreme
Is Northampton, 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, Northampton has remained a Seller's Market.
Key Takeaway
Northampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northampton, PA
How much do homes in Northampton, PA cost?
Median Sold Price
$332,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+7.3%)
Key Takeaway
Homes in Northampton have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Northampton was $332,500 in November 2024, up 7.3% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $157.5K | $210K | +33.3% |
| 3 Bedrooms | $295.7K | $332.5K | +12.4% |
| 4 Bedrooms | $435K | $350K | -19.5% |
| 5+ Bedrooms | $385K | $385K | 0.0% |
Summary: Northampton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Catasauqua | $419.4K | $543.6K | +29.6% |
| Allen Township | $327.4K | $385K | +17.6% |
| Northampton | $310K | $332.5K | +7.3% |
| Whitehall | $310K | $320K | +3.2% |
Housing Supply in Northampton, PA
How many homes are available in Northampton, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 | 60 | -27.7% |
Summary: The Northampton real estate market had 60 homes for sale in November 2024, a 27.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 2 | -71.4% |
| 3 Bedrooms | 44 | 34 | -22.7% |
| 4 Bedrooms | 28 | 20 | -28.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Northampton 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 71.4%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northampton, you could pay more than the asking price. 38.1% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Northampton in November 2024, down by 22.2% month-over-month. Of the 21 sold homes, 29% were sold under asking, 33% were sold at asking, and 38% were sold over asking.
Days on Market for Northampton, PA
How long does it take to sell a home in Northampton, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 28 Days | -2.9% |
Summary: Homes in Northampton had an average of 28 days on market in Nov 2024, down by 2.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northampton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in Northampton; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
