Is Southampton Township, 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, 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
$480,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Southampton Township was $480,000 in April 2024, up 6.4% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $244K | +13.5% |
2 Bedrooms | $300K | $331K | +10.3% |
3 Bedrooms | $439.5K | $429.5K | -2.3% |
4 Bedrooms | $513K | $625K | +21.8% |
5+ Bedrooms | $687.5K | $700K | +1.8% |
Summary: Southampton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in Southampton Township, PA
How many homes are available in Southampton Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 85 | +26.9% |
Summary: The Southampton Township real estate market had 85 homes for sale in April 2024, a 26.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 25 | 27 | +8.0% |
4 Bedrooms | 23 | 33 | +43.5% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Southampton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 43.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 25 | +78.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Southampton Township in April 2024, up by 78.6% month-over-month. Of the 25 sold homes, 8% were sold under asking, 20% were sold at asking, and 72% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 7 Days | -50.9% |
Summary: Homes in Southampton Township had an average of 7 days on market in Apr 2024, down by 50.9% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Southampton Township; 100% 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.