Is Northampton County, 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, Northampton County has remained a Seller's Market.
Key Takeaway
Northampton County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northampton County, PA
How much do homes in Northampton County, PA cost?
Median Sold Price
$325,365
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Northampton County have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Northampton County was $325,365 in April 2024, up 8.4% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189K | $194.2K | +2.8% |
| 2 Bedrooms | $230K | $250K | +8.7% |
| 3 Bedrooms | $280K | $305.7K | +9.2% |
| 4 Bedrooms | $411.2K | $446.8K | +8.7% |
| 5+ Bedrooms | $475K | $475K | 0.0% |
Summary: Northampton County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Northampton County | $300K | $325.3K | +8.4% |
| Lehigh County | $296.3K | $320.1K | +8.0% |
| Warren County | $347.4K | $375K | +7.9% |
| Monroe County | $289.9K | $305K | +5.2% |
| Carbon County | $225.7K | $236.8K | +4.9% |
Housing Supply in Northampton County, PA
How many homes are available in Northampton County, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 774 | 793 | +2.5% |
Summary: The Northampton County real estate market had 793 homes for sale in April 2024, a 2.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 13 | -13.3% |
| 2 Bedrooms | 79 | 104 | +31.6% |
| 3 Bedrooms | 353 | 319 | -9.6% |
| 4 Bedrooms | 229 | 264 | +15.3% |
| 5+ Bedrooms | 98 | 93 | -5.1% |
Summary: The Northampton County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 31.6%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes decreased by 5.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 227 | 242 | +6.6% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
44 Homes Were Sold
At Asking
138 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northampton County, you could pay more than the asking price. 57% of homes here sold above asking price last month.
Summary: A total of 242 homes were sold or pending in Northampton County in April 2024, up by 6.6% month-over-month. Of the 242 sold homes, 25% were sold under asking, 18% were sold at asking, and 57% were sold over asking.
Days on Market for Northampton County, PA
How long does it take to sell a home in Northampton County, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 20 Days | -28.0% |
Summary: Homes in Northampton County had an average of 20 days on market in Apr 2024, down by 28% compared to last year.
Breakdown of Home Sale Times
205 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northampton County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 242 homes were sold in Northampton County; 85% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
