Is Northampton Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$480,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Northampton Township was $480,000 in June 2024, up 18.8% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $226K | $248K | +9.7% |
2 Bedrooms | $300K | $331K | +10.3% |
3 Bedrooms | $325K | $387.3K | +19.2% |
4 Bedrooms | $561.9K | $622.5K | +10.8% |
5+ Bedrooms | $652.5K | $850K | +30.3% |
Summary: Northampton Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 30.3%.
Median Sold Price Compared To Nearby Cities
Northampton Township | $403.9K | $480K | +18.8% |
Southampton | $454K | $510K | +12.3% |
Newtown Township | $590.5K | $651K | +10.2% |
Warminster | $425K | $450.2K | +5.9% |
Wrightstown Township | $1.0M | $858K | -14.7% |
Housing Supply in Northampton Township, PA
How many homes are available in Northampton Township, PA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
169 | 167 | -1.2% |
Summary: The Northampton Township real estate market had 167 homes for sale in June 2024, a 1.2% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 66 | 71 | +7.6% |
4 Bedrooms | 69 | 63 | -8.7% |
5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Northampton Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
51 | 47 | -7.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Northampton Township in June 2024, down by 7.8% month-over-month. Of the 47 sold homes, 19% were sold under asking, 26% were sold at asking, and 55% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
16 Days | 12 Days | -25.6% |
Summary: Homes in Northampton Township had an average of 12 days on market in Jun 2024, down by 25.6% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 47 homes were sold in Northampton Township; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.