$6,650 Closing Credit*
$560,000
2,830 SqFt
6 Beds
•3 Full Baths, 1 Partial
Listing Office: Allentown City Realty
Is Alburtis, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Alburtis has remained a Seller's Market.
Key Takeaway
Alburtis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alburtis, PA
How much do homes in Alburtis, PA cost?
Median Sold Price
$347,500
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,500(+7.6%)
Key Takeaway
Homes in Alburtis have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Alburtis was $347,500 in October 2024, up 7.6% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $365K | +46.0% |
| 3 Bedrooms | $321K | $338K | +5.3% |
| 4 Bedrooms | $449.8K | $385K | -14.4% |
| 5+ Bedrooms | $125K | $525K | +320.0% |
Summary: Alburtis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes increased by 320%.
Median Sold Price Compared To Nearby Cities
| Alburtis | $323K | $347.5K | +7.6% |
| Alburtis | $320.5K | $345K | +7.6% |
| Lower Macungie Township | $396.2K | $420.6K | +6.2% |
Housing Supply in Alburtis, PA
How many homes are available in Alburtis, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The Alburtis real estate market had 10 homes for sale in October 2024, a 23.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Alburtis housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Alburtis, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Alburtis in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Alburtis, PA
How long does it take to sell a home in Alburtis, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 20 Days | +139.2% |
Summary: Homes in Alburtis had an average of 20 days on market in Oct 2024, up by 139.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alburtis are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Alburtis; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
