Is Southampton Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Southampton Township has remained a Seller's Market.
Housing Prices in Southampton Township, PA
How much do homes in Southampton Township, PA cost?
Median Sold Price
$444,777
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Southampton Township was $444,777 in March 2024, up 8.5% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $240K | +14.3% |
2 Bedrooms | $285K | $320K | +12.3% |
3 Bedrooms | $390K | $411K | +5.4% |
4 Bedrooms | $475K | $575K | +21.1% |
5+ Bedrooms | $595.5K | $680K | +14.2% |
Summary: Southampton Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 14.2%.
Median Sold Price Compared To Nearby Cities
Shippensburg | $190K | $260K | +36.8% |
Southampton Township | $382.5K | $425K | +11.1% |
Shippensburg Township | $235K | $260K | +10.6% |
Southampton Township | $410K | $444.7K | +8.5% |
Housing Supply in Southampton Township, PA
How many homes are available in Southampton Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
82 | 105 | +28.0% |
Summary: The Southampton Township real estate market had 105 homes for sale in March 2024, a 28.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 26 | 35 | +34.6% |
4 Bedrooms | 32 | 41 | +28.1% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Southampton Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 34.6%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 18 | +63.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Southampton Township in March 2024, up by 63.6% month-over-month. Of the 18 sold homes, 22% were sold under asking, 44% were sold at asking, and 33% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 42 Days | +75.3% |
Summary: Homes in Southampton Township had an average of 42 days on market in Mar 2024, up by 75.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in Southampton Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.