Is Northumberland, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northumberland is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Northumberland has remained a Seller's Market.

Key Takeaway

Northumberland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Northumberland, PA

How much do homes in Northumberland, PA cost?

Median Sold Price

$172,500

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,500(-6.8%)

Key Takeaway

Homes in Northumberland have sold for 6.8% less than they did a year ago.

Summary: The median home sold price in Northumberland was $172,500 in November 2024, down 6.8% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $155.7K$150K
-3.7%
3 $177.5K$200.2K
+12.8%
4 $305K$229.5K
-24.8%
5+ $169.5K$165K
-2.7%

Summary: Northumberland 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 decreased by 3.7%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 24.8%, and 5+ bedroom homes decreased by 2.7%.

Median Sold Price Compared To Nearby Cities

Point Township
-0.6%
Northumberland
-6.8%

Housing Supply in Northumberland, PA

How many homes are available in Northumberland, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3432-5.9%

Summary: The Northumberland real estate market had 32 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1813
-27.8%
4 38
+166.7%
5+ 87
-12.5%

Summary: The Northumberland 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 20%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northumberland, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Northumberland in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for Northumberland, PA

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

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Northumberland; 25% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in Northumberland, PA

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