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
At the same time last year, Southampton Township was a Seller's Market.
Housing Prices in Southampton Township, PA
How much do homes in Southampton Township, PA cost?
Median Sold Price
$425,000
$237/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 $425,000 in March 2024, up 11.1% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $240K | +14.3% |
2 Bedrooms | $280K | $318K | +13.6% |
3 Bedrooms | $350K | $400K | +14.3% |
4 Bedrooms | $450K | $560K | +24.4% |
5+ Bedrooms | $601K | $695K | +15.6% |
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 13.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes increased by 15.6%.
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 |
---|---|---|
122 | 132 | +8.2% |
Summary: The Southampton Township real estate market had 132 homes for sale in March 2024, a 8.2% 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 | 12 | 14 | +16.7% |
3 Bedrooms | 48 | 53 | +10.4% |
4 Bedrooms | 46 | 48 | +4.3% |
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 16.7%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Southampton Township in March 2024, up by 5.0% month-over-month. Of the 21 sold homes, 19% were sold under asking, 52% were sold at asking, and 29% 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 |
---|---|---|
30 Days | 45 Days | +49.8% |
Summary: Homes in Southampton Township had an average of 45 days on market in Mar 2024, up by 49.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Southampton Township; 62% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.