Is Northhampton, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northhampton is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Northhampton was a Buyer's Market.

Key Takeaway

Northhampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Northhampton, TX

How much do homes in Northhampton, TX cost?

Median Sold Price

$290,000

$88/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$23,000(+8.6%)

Key Takeaway

Homes in Northhampton have sold for 8.6% more than they did a month ago.

Summary: The median home sold price in Northhampton was $290,000 in December 2024, up 8.6% from last month, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $224K-
N/A
4 $310K$290K
-6.5%
5+ --
N/A

Summary: Northhampton housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes did not change.

Housing Supply in Northhampton, TX

How many homes are available in Northhampton, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1817-5.6%

Summary: The Northhampton real estate market had 17 homes for sale in December 2024, a 5.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 88
0.0%
4 109
-10.0%
5+ 00
0.0%

Summary: The Northhampton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northhampton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Northhampton in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Northhampton, TX

How long does it take to sell a home in Northhampton, TX?

Average Sale Time

Nov 2024Dec 2024CHANGE
90 Days113 Days+25.6%

Summary: Homes in Northhampton had an average of 113 days on market in Dec 2024, up by 25.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Northhampton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 3 homes were sold in Northhampton; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

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

Report Updated 6 Days Ago

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