$6,234 Closing Credit*
$525,000
2,375 SqFt
4 Beds
•3 Full Baths, 1 Partial
Raymond Malgieri, 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 November 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
$465,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,250(+6.7%)
Key Takeaway
Homes in Northampton Township have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Northampton Township was $465,000 in November 2024, up 6.7% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $261K | +8.8% |
| 2 Bedrooms | $315.2K | $335K | +6.3% |
| 3 Bedrooms | $360K | $406.6K | +13.0% |
| 4 Bedrooms | $627.7K | $609K | -3.0% |
| 5+ Bedrooms | $887.5K | $817.5K | -7.9% |
Summary: Northampton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 7.9%.
Median Sold Price Compared To Nearby Cities
| Southampton | $456.3K | $517.2K | +13.4% |
| Warminster | $430K | $460K | +7.0% |
| Northampton Township | $435.7K | $465K | +6.7% |
| Newtown Township | $674K | $640K | -5.0% |
Housing Supply in Northampton Township, PA
How many homes are available in Northampton Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 189 | 142 | -24.9% |
Summary: The Northampton Township real estate market had 142 homes for sale in November 2024, a 24.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 23 | 16 | -30.4% |
| 3 Bedrooms | 76 | 56 | -26.3% |
| 4 Bedrooms | 66 | 50 | -24.2% |
| 5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The Northampton Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 30.4%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 49 | -25.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northampton Township, you could pay more than the asking price. 46.9% of homes here sold above asking price last month.
Summary: A total of 49 homes were sold or pending in Northampton Township in November 2024, down by 25.8% month-over-month. Of the 49 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +27.1% |
Summary: Homes in Northampton Township had an average of 25 days on market in Nov 2024, up by 27.1% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northampton Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 49 homes were sold in Northampton Township; 71% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
