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 October 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

$177,500

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,500(-1.4%)

Key Takeaway

Homes in Northumberland have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Northumberland was $177,500 in October 2024, down 1.4% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $155.7K$152.6K
-2.0%
3 $174.5K$201.5K
+15.5%
4 $305K$214.2K
-29.8%
5+ $175.5K$195K
+11.1%

Summary: Northumberland 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 decreased by 2%, 3 bedroom homes increased by 15.5%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes increased by 11.1%.

Housing Supply in Northumberland, PA

How many homes are available in Northumberland, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3331-6.1%

Summary: The Northumberland real estate market had 31 homes for sale in October 2024, a 6.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1914
-26.3%
4 43
-25.0%
5+ 69
+50.0%

Summary: The Northumberland housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Northumberland in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Northumberland, PA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 16 Days Ago

Newest Listings in Northumberland, PA

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