$7,422 Closing Credit*
$625,000
2,373 SqFt
4 Beds
•2 Full Baths, 1 Partial
Bonnie E Frain, Listing Office: Keller Williams Real Estate - Newtown
Is Southampton Township, 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 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
$520,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,500(+11.2%)
Key Takeaway
Homes in Southampton Township have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Southampton Township was $520,000 in October 2024, up 11.2% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | $250K | +5.3% |
| 2 Bedrooms | $320.5K | $330K | +3.0% |
| 3 Bedrooms | $429K | $455K | +6.1% |
| 4 Bedrooms | $606K | $629.9K | +3.9% |
| 5+ Bedrooms | $770K | $785K | +1.9% |
Summary: Southampton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in Southampton Township, PA
How many homes are available in Southampton Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 87 | -3.3% |
Summary: The Southampton Township real estate market had 87 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 8 | +166.7% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 26 | 26 | 0.0% |
| 4 Bedrooms | 35 | 32 | -8.6% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Southampton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 166.7%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 24 | -29.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southampton Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Southampton Township in October 2024, down by 29.4% month-over-month. Of the 24 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 10 Days | -25.6% |
Summary: Homes in Southampton Township had an average of 10 days on market in Oct 2024, down by 25.6% compared to last year.
Breakdown of Home Sale Times
23 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 Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in Southampton Township; 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.
