Is Northampton Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northampton Township is a 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

$329,966

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,966(+6.4%)

Key Takeaway

Homes in Northampton Township have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Northampton Township was $329,966 in October 2024, up 6.4% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $157.5K$205K
+30.2%
3 $291.5K$330K
+13.2%
4 $435K$350K
-19.5%
5+ $342.5K$385K
+12.4%

Summary: Northampton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.2%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Cities

Southampton Township
+10.9%
Northampton Township
+6.4%

Housing Supply in Northampton Township, PA

How many homes are available in Northampton Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6776+13.4%

Summary: The Northampton Township real estate market had 76 homes for sale in October 2024, a 13.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 77
0.0%
3 2942
+44.8%
4 2825
-10.7%
5+ 31
-66.7%

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 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 44.8%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1427+92.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 27 homes were sold or pending in Northampton Township in October 2024, up by 92.9% month-over-month. Of the 27 sold homes, 33% were sold under asking, 11% 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 2023Oct 2024CHANGE
30 Days14 Days-51.2%

Summary: Homes in Northampton Township had an average of 14 days on market in Oct 2024, down by 51.2% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Northampton Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 27 homes were sold in Northampton Township; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Northampton Township, PA

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