Southampton, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Southampton, PA Real Estate Data

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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Southampton Housing Market Information

With 46,160 people, 1,613 houses or apartments, and a median cost of homes of $362,001, 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 74.19% of the town's housing units. Other types of housing that are prevalent in Southampton include row houses and other attached homes ( 13.76%), large apartment complexes or high rise apartments ( 9.55%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.28%).

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 87.52% of Southampton's homes, and 73.41% 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 ( 35.03%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.20%). There's also some housing in Southampton built before 1939 ( 3.86%).

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 -0.87%, 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 0.91%, 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 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Southampton's latest annual appreciation rate is lower than 70% 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:
$362,001

Southampton, PA HOME PRICES

Value Range
> $1,051,000 0.2
$788,001 - $1,051,000 1.7
$526,001 - $788,000 12.6
$421,001 - $526,000 20.4
$315,001 - $421,000 33.8
$210,001 - $315,000 21.6
$105,001 - $210,000 7.2
$53,001 - $105,000 0.8
$0 - $53,000 1.9

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
11.3383335286535 3.47826086956522

Number Of Homes And Apartments:
1,613

Southampton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
57.47% 2.67% 8 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,975 / per month

Homeownership Rate

Homeownership
Owners 87.52
Renters 12.48
Vacant 2.38

Housing Market Details

 

Age of Homes

AGE OF Southampton HOMES
2000 or Newer 4.2
1970 - 1999 56.9
1940 - 1969 35.0
1939 or Older 3.9

Types of Homes

TYPE OF Southampton HOMES
Single-Family 74.2
Townhomes 13.8
Small Apt. Buildings 2.3
Apt. Complexes 9.6
Mobile Homes 0.2
Other 0.1

Home Size

SIZE OF Southampton HOMES
No Bedroom 0.32
1 Bedroom 5.74
2 Bedrooms 13.15
3 Bedrooms 31.31
4 Bedrooms 42.10
5 or more bedrooms 7.37