Is Southampton, 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 has remained a Seller's Market.
Housing Prices in Southampton, PA
How much do homes in Southampton, PA cost?
Median Sold Price
$484,950
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Southampton was $484,950 in April 2024, up 8.4% 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 | $220K | $244K | +10.9% |
2 Bedrooms | $300K | $340K | +13.3% |
3 Bedrooms | $439K | $430K | -2.1% |
4 Bedrooms | $545K | $625K | +14.7% |
5+ Bedrooms | $585K | $700K | +19.7% |
Summary: Southampton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 19.7%.
Median Sold Price Compared To Nearby Cities
Southampton | $447.5K | $484.9K | +8.4% |
Lower Southampton Township | $420K | $447.5K | +6.5% |
Feasterville Trevose | $425K | $450K | +5.9% |
Upper Southampton Township | $425K | $435K | +2.4% |
Northampton Township | $497K | $449.8K | -9.5% |
Housing Supply in Southampton, PA
How many homes are available in Southampton, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 84 | +27.3% |
Summary: The Southampton real estate market had 84 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 24 | 27 | +12.5% |
4 Bedrooms | 23 | 33 | +43.5% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Southampton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 12.5%, 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 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, PA
How long does it take to sell a home in Southampton, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 7 Days | -47.4% |
Summary: Homes in Southampton had an average of 7 days on market in Apr 2024, down by 47.4% 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; 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.