Is Southampton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Southampton has remained a Seller's Market.
Key Takeaway
Southampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Southampton, PA cost?
Median Sold Price
$443,750
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$30,025(+7.3%)
Key Takeaway
Homes in Southampton have sold for 7.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $200K | $227K | +13.5% |
| 2 Bedrooms | $277K | $290K | +4.7% |
| 3 Bedrooms | $405K | $427.4K | +5.5% |
| 4 Bedrooms | $525K | $549.9K | +4.7% |
| 5+ Bedrooms | $680K | $600K | -11.8% |
Median Sold Price Compared To Nearby Cities
| Southampton | $413.7K | $443.7K | +7.3% |
| Upper Southampton Township | $405K | $425K | +4.9% |
| Feasterville Trevose | $410K | $425K | +3.7% |
| Lower Southampton Township | $410K | $425K | +3.7% |
| Northampton Township | $510K | $475K | -6.9% |
How many homes are available in Southampton, PA?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 104 | 105 | +1.0% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 26 | 27 | +3.8% |
| 4 Bedrooms | 45 | 43 | -4.4% |
| 5+ Bedrooms | 14 | 18 | +28.6% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 23 | 39 | +69.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southampton, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
How long does it take to sell a home in Southampton, PA?
How long does it take to sell a home in Southampton, PA?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 10 Days | 13 Days | +27.4% |
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southampton are selling fast, if you're buying plan to act quickly.
