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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Southampton Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Upper Southampton Township, PA

How much do homes in Upper Southampton Township, PA cost?

Median Sold Price

$446,900

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,900(+2.7%)

Key Takeaway

Homes in Upper Southampton Township have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Upper Southampton Township was $446,900 in November 2024, up 2.7% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $229.9K$245K
+6.6%
2 $318K$318.5K
0.2%
3 $415K$421K
+1.4%
4 $490K$577.5K
+17.9%
5+ $699.7K$680K
-2.8%

Summary: Upper Southampton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Cities

Southampton
+13.4%
Lower Southampton Township
+8.1%
Feasterville Trevose
+8.0%
Warminster Township
+7.0%
Upper Southampton Township
+2.7%

Housing Supply in Upper Southampton Township, PA

How many homes are available in Upper Southampton Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3829-23.7%

Summary: The Upper Southampton Township real estate market had 29 homes for sale in November 2024, a 23.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 41
-75.0%
3 1613
-18.8%
4 1714
-17.6%
5+ 00
0.0%

Summary: The Upper Southampton Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 75%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Southampton Township, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Upper Southampton Township in November 2024, up by 8.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.

Days on Market for Upper Southampton Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days65 Days+580.4%

Summary: Homes in Upper Southampton Township had an average of 65 days on market in Nov 2024, up by 580.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Upper Southampton Township; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% 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 5 Days Ago

Newest Listings in Upper Southampton Township, PA

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