Is Northumberland, 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, Northumberland has remained a Seller's Market.
Key Takeaway
Northumberland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northumberland, PA
How much do homes in Northumberland, PA cost?
Median Sold Price
$174,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Northumberland have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Northumberland was $174,000 in April 2024, down 0.6% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $155.7K | +3.8% |
| 3 Bedrooms | $177K | $182.5K | +3.1% |
| 4 Bedrooms | $305K | $282.5K | -7.4% |
| 5+ Bedrooms | $155K | $167.5K | +8.1% |
Summary: Northumberland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Cities
| Northumberland | $175K | $174K | -0.6% |
| Point Township | $194.5K | $182.5K | -6.2% |
Housing Supply in Northumberland, PA
How many homes are available in Northumberland, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Northumberland real estate market had 15 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Northumberland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Northumberland, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Northumberland in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Northumberland, PA
How long does it take to sell a home in Northumberland, PA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northumberland are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Northumberland; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
