Northumberland Property Market Update – January 2025

Northumberland Property Market Update – January 2025

The property market in Northumberland has seen some interesting shifts as we move into 2025. Here’s a detailed look at the latest trends, prices, and buyer activity across the region.

House Prices & Market Trends

The average property price in Northumberland currently stands at £639,707, reflecting a decrease from £709,097 in January 2024. Despite this drop, property values remain strong compared to pre-pandemic levels, and the market continues to be active with steady demand from buyers.

Sales & Market Activity

In January 2025, 79 properties were sold across Northumberland, slightly down from 82 sales in the same period last year. While transactions have dipped slightly, buyer interest remains high, especially in sought-after locations.

One key trend is the 27% increase in active listings year-on-year, giving buyers more choice and increasing competition among sellers.

Most Popular Town for Buyers

Morpeth continues to be a favourite among buyers, thanks to its excellent schools, transport links, and a great mix of historic and modern homes. The town’s popularity has driven strong demand, particularly for three and four-bedroom family homes.

Other Key Market Insights

First-time buyers & downsizers – More first-time buyers are entering the market, particularly targeting smaller homes in areas such as Alnwick and Hexham. Downsizers are also driving demand for bungalows and smaller, low-maintenance homes.

Rural vs. Town Demand – There’s still strong interest in rural properties with land, but towns with good amenities and transport links are proving more resilient to market fluctuations.

Thinking of Buying or Selling?

If you’re considering making a move, now is a great time to explore your options. Whether you're looking for your next home or thinking about selling, Our Agents are here to guide you through the process with expert local knowledge.

Get in touch to find out how we can help you navigate the market this year!

Call: 01670 613203
Call or message: 07444 723020
WhatsApp: 07444 723020
Email: hq@ouragents.co.uk

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