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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southampton Township is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Southampton Township, PA

How much do homes in Southampton Township, PA cost?

Median Sold Price

$472,500

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$52,600(+12.5%)

Key Takeaway

Homes in Southampton Township have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Southampton Township was $472,500 in June 2024, up 12.5% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $229.9K$248K
+7.9%
2 $295K$325K
+10.2%
3 $365K$435.5K
+19.3%
4 $500K$600K
+20.0%
5+ $608K$732.3K
+20.5%

Summary: Southampton Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 20.5%.

Median Sold Price Compared To Nearby Cities

Southampton Township
+12.5%
Shippensburg
+9.5%
Shippensburg Township
+7.9%
Southampton Township
+7.1%

Housing Supply in Southampton Township, PA

How many homes are available in Southampton Township, PA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
11095-13.6%

Summary: The Southampton Township real estate market had 95 homes for sale in June 2024, a 13.6% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 20
-100.0%
2 1714
-17.6%
3 3631
-13.9%
4 4643
-6.5%
5+ 97
-22.2%

Summary: The Southampton 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 decreased by 17.6%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

May 2024Jun 2024CHANGE
4330-30.2%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southampton Township, you could pay more than the asking price. 56.7% of homes here sold above asking price last month.

Summary: A total of 30 homes were sold or pending in Southampton Township in June 2024, down by 30.2% month-over-month. Of the 30 sold homes, 33% were sold under asking, 10% were sold at asking, and 57% were sold over asking.

Days on Market for Southampton Township, PA

How long does it take to sell a home in Southampton Township, PA?

Average Sale Time

Jun 2023Jun 2024CHANGE
16 Days13 Days-16.0%

Summary: Homes in Southampton Township had an average of 13 days on market in Jun 2024, down by 16% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 30 homes were sold in Southampton Township; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

Newest Listings in Southampton Township, PA

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