Is Northampton Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northampton Township is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Northampton Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Northampton Township, PA cost?

Median Sold Price

$548,266

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$65,764(+13.6%)

Key Takeaway

Homes in Northampton Township have sold for 13.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $200K$223.5K
+11.8%
2 $275K$308.9K
+12.3%
3 $435K$480K
+10.3%
4 $573K$617.5K
+7.8%
5+ $790K$840K
+6.3%

Median Sold Price Compared To Nearby Cities

Wrightstown Township
+49.6%
Southampton
+14.5%
Newtown Township
+14.4%
Northampton Township
+13.6%
Warminster
+7.6%

How many homes are available in Northampton Township, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
9167-26.4%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 21
-50.0%
2 118
-27.3%
3 1714
-17.6%
4 4126
-36.6%
5+ 2018
-10.0%

Number of Homes Sold

Nov 2022Dec 2022%
2928-3.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northampton Township, you could pay more than the asking price. 39.3% of homes here sold above asking price last month.

Average Sale Time

Dec 2021Dec 2022%
10 Days18 Days+71.2%

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Northampton Township are selling fast, if you're buying plan to act quickly.

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

About Northampton Township, PA

Northampton Township, PA has 67 homes for sale to choose from. The number of homes for sale in Northampton Township, PA decreased by 26.4% between November 2022 and December 2022. In December 2022 median list price was $548,266 and the average listing age was 18 days. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 11.8%, 2 bedrooms properties became 12.3% more expensive, 3 bedrooms properties prices increased by 10.3%, prices of 4 bedrooms properties went up by 7.8%, 5 bedrooms properties became 6.3% more expensive. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 50%, 2 bedrooms homes became 27.3% less available, volume of 3 bedrooms homes went down by 17.6%, the quantity of 4 bedrooms homes went down by 36.6%, volume of 5 bedrooms homes went down by 10%. In December 2022, from all listings sold in Northampton Township, PA there were more than 11 sold above asking price, over 9 sold below and more than 8 were sold right at the asked price.

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