$5,936 Closing Credit*
$499,900
1,080 SqFt
3 Beds
•2 Full Baths
Patricia W Strehle, Listing Office: Keller Williams Real Estate - Newtown
Is Southampton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$517,259
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,925(+13.4%)
Key Takeaway
Homes in Southampton have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Southampton was $517,259 in November 2024, up 13.4% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $260K | +8.3% |
| 2 Bedrooms | $325K | $335K | +3.1% |
| 3 Bedrooms | $435K | $462K | +6.2% |
| 4 Bedrooms | $615K | $628K | +2.1% |
| 5+ Bedrooms | $742.5K | $817.5K | +10.1% |
Summary: Southampton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Southampton | $456.3K | $517.2K | +13.4% |
| Lower Southampton Township | $432.5K | $467.5K | +8.1% |
| Feasterville Trevose | $437.5K | $472.5K | +8.0% |
| Northampton Township | $435.7K | $465K | +6.7% |
| Upper Southampton Township | $435K | $446.9K | +2.7% |
Housing Supply in Southampton, PA
How many homes are available in Southampton, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 92 | 74 | -19.6% |
Summary: The Southampton real estate market had 74 homes for sale in November 2024, a 19.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 17 | 12 | -29.4% |
| 3 Bedrooms | 28 | 19 | -32.1% |
| 4 Bedrooms | 34 | 33 | -2.9% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Southampton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes decreased by 32.1%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 32 | +14.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southampton, you could pay more than the asking price. 46.9% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in Southampton in November 2024, up by 14.3% month-over-month. Of the 32 sold homes, 34% were sold under asking, 19% were sold at asking, and 47% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 33 Days | +149.6% |
Summary: Homes in Southampton had an average of 33 days on market in Nov 2024, up by 149.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 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 November 2024, 32 homes were sold in Southampton; 66% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
