Home Values

Southampton Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$228,100

  • 2.2% 1-year change
  • 1.0% 1-year forecast

The median home value in Southampton is $228,100. Southampton home values have gone up 2.2% over the past year and Zillow predicts they will rise 1.0% within the next year. The median list price per square foot in Southampton is $138, which is higher than the Philadelphia Metro average of $131. The median price of homes currently listed in Southampton is $265,000 while the median price of homes that sold is $219,900. The median rent price in Southampton is $1,409, which is higher than the Philadelphia Metro median of $1,365.

Foreclosures will be a factor impacting home values in the next several years. In Southampton 2.7 homes are foreclosed (per 10,000). This is lower than the Philadelphia Metro value of 4.7 and also lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Southampton is 12.0%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Southampton homeowners underwater on their mortgage is 15.9%, which is lower than Philadelphia Metro at 20.1%.

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Relative ZHVI
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Southampton Market Overview

Data through Aug 31, 2014
  • $228,100 ZHVI
  • 1.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Aug 31, 2015)
  • $265,000 Median listing price
  • $219,900 Median sale price (Jul 31, 2014)
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Southampton Market Health

Data through Aug 31, 2014
  • 3.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 15.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 12.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.7 homes(Aug 31, 2013) Southampton
4.7 homes Philadelphia Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Medford $323,000
Springfield $281,100
Tabernacle $280,000
Name Median ZHVI
Lumberton $265,200
Medford Lakes $264,700
Eastampton $240,000
Name Median ZHVI
Mt Holly Township $157,800
Pemberton Township $157,000
Leisuretowne $120,100

Listings & Sales

Data through Aug 31, 2014
  • $138 Median list price / sq ft
  • $123 Median sale price / sq ft (Jul 31, 2014)
  • 46.3% Listings with price cut
21.0%
Sold below listing
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Southampton Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,799 Southampton
    $1,551 Philadelphia Metro
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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