$10,000 Closing Credit*
$1,100,000
4,214 SqFt
4 Beds
•3 Full Baths, 2 Partial
Andrew Ferrara, Listing Office: RE/MAX Total - Yardley
Is Southampton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Southampton has remained a Seller's Market.
Key Takeaway
Southampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southampton, PA
How much do homes in Southampton, PA cost?
Median Sold Price
$518,903
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$60,403(+13.2%)
Key Takeaway
Homes in Southampton have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Southampton was $518,903 in October 2024, up 13.2% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $250K | +6.4% |
| 2 Bedrooms | $316K | $331K | +4.7% |
| 3 Bedrooms | $430.5K | $455K | +5.7% |
| 4 Bedrooms | $598K | $629.9K | +5.3% |
| 5+ Bedrooms | $770K | $785K | +1.9% |
Summary: Southampton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Southampton | $458.5K | $518.9K | +13.2% |
| Northampton Township | $433K | $469.3K | +8.4% |
| Feasterville Trevose | $435K | $471.6K | +8.4% |
| Lower Southampton Township | $430K | $460K | +7.0% |
| Upper Southampton Township | $440K | $439K | -0.2% |
Housing Supply in Southampton, PA
How many homes are available in Southampton, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 89 | -2.2% |
Summary: The Southampton real estate market had 89 homes for sale in October 2024, a 2.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 7 | +250.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 27 | 27 | 0.0% |
| 4 Bedrooms | 35 | 33 | -5.7% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Southampton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 250%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 25 | -26.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southampton, you could pay more than the asking price. 52% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Southampton in October 2024, down by 26.5% month-over-month. Of the 25 sold homes, 32% were sold under asking, 16% were sold at asking, and 52% were sold over asking.
Days on Market for Southampton, PA
How long does it take to sell a home in Southampton, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 10 Days | -28.1% |
Summary: Homes in Southampton had an average of 10 days on market in Oct 2024, down by 28.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southampton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Southampton; 96% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
