$6,234 Closing Credit*
$525,000
2,375 SqFt
4 Beds
•3 Full Baths, 1 Partial
Raymond Malgieri, Listing Office: RE/MAX Centre Realtors
Is Southampton Township, 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 Township has remained a Seller's Market.
Key Takeaway
Southampton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southampton Township, PA
How much do homes in Southampton Township, PA cost?
Median Sold Price
$519,451
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$66,451(+14.7%)
Key Takeaway
Homes in Southampton Township have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Southampton Township was $519,451 in November 2024, up 14.7% 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 | $334K | +2.8% |
| 3 Bedrooms | $430K | $462K | +7.4% |
| 4 Bedrooms | $615K | $626.5K | +1.9% |
| 5+ Bedrooms | $742.5K | $850K | +14.5% |
Summary: Southampton Township 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 2.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 14.5%.
Housing Supply in Southampton Township, PA
How many homes are available in Southampton Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 73 | -18.9% |
Summary: The Southampton Township real estate market had 73 homes for sale in November 2024, a 18.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 17 | 12 | -29.4% |
| 3 Bedrooms | 27 | 19 | -29.6% |
| 4 Bedrooms | 33 | 32 | -3.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Southampton Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes decreased by 29.6%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Asking Price vs. Sold Price
10 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 Township, you could pay more than the asking price. 48.4% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Southampton Township in November 2024, up by 14.8% month-over-month. Of the 31 sold homes, 32% were sold under asking, 19% were sold at asking, and 48% were sold over asking.
Days on Market for Southampton Township, PA
How long does it take to sell a home in Southampton Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 30 Days | +127.7% |
Summary: Homes in Southampton Township had an average of 30 days on market in Nov 2024, up by 127.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southampton Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 31 homes were sold in Southampton Township; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
