Southampton, PA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Southampton, PA Housing Market Trends

With 45,664 people, 1,647 houses or apartments, and a median cost of homes of $424,668, Southampton house prices are not only among the most expensive in Pennsylvania, Southampton real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Southampton, accounting for 75.58% of the town's housing units. Other types of housing that are prevalent in Southampton include row houses and other attached homes ( 13.12%), large apartment complexes or high rise apartments ( 9.58%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.64%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Southampton. Owner-occupied housing accounts for 88.11% of Southampton's homes, and 74.13% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Southampton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Southampton built between 1940-1969 ( 34.16%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.47%). There's also some housing in Southampton built before 1939 ( 3.31%).

Southampton Home Appreciation Rates

Southampton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Southampton during the period has been just 2.16%, which is lower than 70% of US communities.

Over the last year, Southampton appreciation rates have trailed the rest of the nation. In the last twelve months, Southampton's appreciation rate has been 5.19%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Southampton were at 1.46%, which equates to an annual appreciation rate of 5.98%.

Relative to Pennsylvania, our data show that Southampton's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Southampton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Southampton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Southampton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$424,668

Southampton, PA HOME PRICES

> $1,164,000
0.7%
0.7%
$873,001 - $1,164,000
1.7%
1.7%
$582,001 - $873,000
15.6%
15.6%
$466,001 - $582,000
23.4%
23.4%
$349,001 - $466,000
33.4%
33.4%
$233,001 - $349,000
17.6%
17.6%
$117,001 - $233,000
6.0%
6.0%
$58,001 - $117,000
0.6%
0.6%
$0 - $58,000
1.0%
1.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for PA

Value Relative To Nation

Number Of Homes And Apartments:
1,647

Southampton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
87.38% 3.00%
8
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,479 / per month

Homeownership Rate

Owners
88.1%
88.1%
Renters
11.9%
11.9%
Vacant
2.8%
2.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
4.5%
4.5%
1970 - 1999
58.1%
58.1%
1940 - 1969
34.2%
34.2%
1939 or Older
3.3%
3.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
75.6%
75.6%
Townhomes
13.1%
13.1%
Small Apt. Buildings
1.6%
1.6%
Apt. Complexes
9.6%
9.6%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.9%
0.9%
1 Bedroom
5.0%
5.0%
2 Bedrooms
12.9%
12.9%
3 Bedrooms
31.7%
31.7%
4 Bedrooms
42.4%
42.4%
5 or more bedrooms
7.1%
7.1%
0.0% 100.0%
% OF HOMES