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 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

$331,666

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,666(+7.0%)

Key Takeaway

Homes in Northampton Township have sold for 7% more than they did a year ago.

Summary: The median home sold price in Northampton Township was $331,666 in November 2024, up 7% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $157.5K$207.5K
+31.7%
3 $295.7K$332.5K
+12.4%
4 $435K$350K
-19.5%
5+ $385K$385K
0.0%

Summary: Northampton Township 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 31.7%, 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

Southampton Township
+13.8%
Northampton Township
+7.0%

Housing Supply in Northampton Township, PA

How many homes are available in Northampton Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8058-27.5%

Summary: The Northampton Township real estate market had 58 homes for sale in November 2024, a 27.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 73
-57.1%
3 4535
-22.2%
4 2517
-32.0%
5+ 22
0.0%

Summary: The Northampton Township 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 57.1%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 32%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2721-22.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northampton Township, 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 Township 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 Township, PA

How long does it take to sell a home in Northampton Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days28 Days-2.9%

Summary: Homes in Northampton Township 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

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 November 2024, 21 homes were sold in Northampton Township; 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.

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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