Is Northampton Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Northampton Township has remained a Seller's Market.
Housing Prices in Northampton Township, PA
How much do homes in Northampton Township, PA cost?
Median Sold Price
$449,858
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northampton Township was $449,858 in April 2024, down 9.5% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $222.5K | $248K | +11.5% |
2 Bedrooms | $314K | $330K | +5.1% |
3 Bedrooms | $400K | $368K | -8.0% |
4 Bedrooms | $625K | $625K | 0.0% |
5+ Bedrooms | $810K | $850.5K | +5.0% |
Summary: Northampton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
Newtown Township | $561K | $674K | +20.1% |
Southampton | $447.5K | $484.9K | +8.4% |
Warminster | $423.5K | $449.7K | +6.2% |
Northampton Township | $497K | $449.8K | -9.5% |
Housing Supply in Northampton Township, PA
How many homes are available in Northampton Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
121 | 145 | +19.8% |
Summary: The Northampton Township real estate market had 145 homes for sale in April 2024, a 19.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 13 | 16 | +23.1% |
3 Bedrooms | 52 | 52 | 0.0% |
4 Bedrooms | 38 | 59 | +55.3% |
5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The Northampton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 23.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 55.3%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 41 | +51.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Northampton Township in April 2024, up by 51.9% month-over-month. Of the 41 sold homes, 15% were sold under asking, 20% were sold at asking, and 66% were sold over asking.
Days on Market for Northampton Township, PA
How long does it take to sell a home in Northampton Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 18 Days | +92.4% |
Summary: Homes in Northampton Township had an average of 18 days on market in Apr 2024, up by 92.4% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 41 homes were sold in Northampton Township; 88% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.