Is Southampton Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$433,125
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Southampton Township was $433,125 in May 2024, up 5.5% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $226K | $248K | +9.7% |
2 Bedrooms | $285.7K | $325K | +13.7% |
3 Bedrooms | $365.5K | $405K | +10.8% |
4 Bedrooms | $485K | $567.5K | +17.0% |
5+ Bedrooms | $615K | $712.5K | +15.9% |
Summary: Southampton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Cities
Southampton Township | $411K | $470K | +14.4% |
Shippensburg | $239.9K | $260K | +8.4% |
Shippensburg Township | $240K | $260K | +8.3% |
Southampton Township | $410.5K | $433.1K | +5.5% |
Housing Supply in Southampton Township, PA
How many homes are available in Southampton Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
112 | 108 | -3.6% |
Summary: The Southampton Township real estate market had 108 homes for sale in May 2024, a 3.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 47 | 44 | -6.4% |
4 Bedrooms | 39 | 41 | +5.1% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Southampton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Southampton Township in May 2024, down by 11.1% month-over-month. Of the 24 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 22 Days | +5.8% |
Summary: Homes in Southampton Township had an average of 22 days on market in May 2024, up by 5.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Southampton Township; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.