$6,828 Closing Credit*
$575,000
1,432 SqFt
3 Beds
•2 Full Baths
Catherine Shultz, Listing Office: RE/MAX Centre Realtors
Is Northampton Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Northampton Township has remained a Seller's Market.
Key Takeaway
Northampton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northampton Township, PA
How much do homes in Northampton Township, PA cost?
Median Sold Price
$469,333
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,333(+8.4%)
Key Takeaway
Homes in Northampton Township have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Northampton Township was $469,333 in October 2024, up 8.4% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | $250K | +5.3% |
| 2 Bedrooms | $305.9K | $330K | +7.9% |
| 3 Bedrooms | $345.1K | $405K | +17.4% |
| 4 Bedrooms | $622.5K | $617.5K | -0.8% |
| 5+ Bedrooms | $900K | $817.5K | -9.2% |
Summary: Northampton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Southampton | $458.5K | $518.9K | +13.2% |
| Northampton Township | $433K | $469.3K | +8.4% |
| Warminster | $426K | $457K | +7.3% |
| Newtown Township | $666K | $636.5K | -4.4% |
Housing Supply in Northampton Township, PA
How many homes are available in Northampton Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 167 | 188 | +12.6% |
Summary: The Northampton Township real estate market had 188 homes for sale in October 2024, a 12.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 7 | +600.0% |
| 2 Bedrooms | 20 | 25 | +25.0% |
| 3 Bedrooms | 59 | 72 | +22.0% |
| 4 Bedrooms | 70 | 68 | -2.9% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Northampton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 600%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 22%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 63 | +46.5% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northampton Township, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 63 homes were sold or pending in Northampton Township in October 2024, up by 46.5% month-over-month. Of the 63 sold homes, 30% were sold under asking, 14% were sold at asking, and 56% were sold over asking.
Days on Market for Northampton Township, PA
How long does it take to sell a home in Northampton Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 16 Days | -12.3% |
Summary: Homes in Northampton Township had an average of 16 days on market in Oct 2024, down by 12.3% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northampton Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 63 homes were sold in Northampton Township; 86% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
