Is Bethlehem Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethlehem Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Bethlehem Township has remained a Seller's Market.

Key Takeaway

Bethlehem Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bethlehem Township, PA

How much do homes in Bethlehem Township, PA cost?

Median Sold Price

$338,043

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,966(+3.7%)

Key Takeaway

Homes in Bethlehem Township have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Bethlehem Township was $338,043 in October 2024, up 3.7% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $199.9K$202K
+1.1%
2 $245K$260K
+6.1%
3 $306K$315K
+2.9%
4 $457.3K$461.2K
+0.8%
5+ $475K$532.5K
+12.1%

Summary: Bethlehem Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 12.1%.

Median Sold Price Compared To Nearby Cities

Lower Nazareth Township
+26.6%
Hanover Township
+3.8%
Bethlehem Township
+3.7%
Bethlehem
+3.2%
Freemansburg
-11.9%

Housing Supply in Bethlehem Township, PA

How many homes are available in Bethlehem Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
389361-7.2%

Summary: The Bethlehem Township real estate market had 361 homes for sale in October 2024, a 7.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 46
+50.0%
2 3930
-23.1%
3 183171
-6.6%
4 127116
-8.7%
5+ 3638
+5.6%

Summary: The Bethlehem Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
116115-0.9%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

57 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethlehem Township, you could pay more than the asking price. 49.6% of homes here sold above asking price last month.

Summary: A total of 115 homes were sold or pending in Bethlehem Township in October 2024, down by 0.9% month-over-month. Of the 115 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Bethlehem Township, PA

How long does it take to sell a home in Bethlehem Township, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days18 Days+20.7%

Summary: Homes in Bethlehem Township had an average of 18 days on market in Oct 2024, up by 20.7% compared to last year.

Breakdown of Home Sale Times

92 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bethlehem Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 115 homes were sold in Bethlehem Township; 80% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Bethlehem Township, PA

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