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 November 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

$339,917

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,336(+3.8%)

Key Takeaway

Homes in Bethlehem Township have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Bethlehem Township was $339,917 in November 2024, up 3.8% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $199.9K$205.5K
+2.8%
2 $246K$263K
+6.9%
3 $310K$315K
+1.6%
4 $456.5K$465K
+1.9%
5+ $485K$550K
+13.4%

Summary: Bethlehem Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 13.4%.

Median Sold Price Compared To Nearby Cities

Lower Nazareth Township
+27.0%
Hanover Township
+5.0%
Bethlehem Township
+3.8%
Bethlehem
+3.8%

Housing Supply in Bethlehem Township, PA

How many homes are available in Bethlehem Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
379304-19.8%

Summary: The Bethlehem Township real estate market had 304 homes for sale in November 2024, a 19.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 65
-16.7%
2 2620
-23.1%
3 186146
-21.5%
4 12097
-19.2%
5+ 4136
-12.2%

Summary: The Bethlehem Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 21.5%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes decreased by 12.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13095-26.9%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

42 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. 44.2% of homes here sold above asking price last month.

Summary: A total of 95 homes were sold or pending in Bethlehem Township in November 2024, down by 26.9% month-over-month. Of the 95 sold homes, 37% were sold under asking, 19% were sold at asking, and 44% 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

Nov 2023Nov 2024CHANGE
17 Days22 Days+29.0%

Summary: Homes in Bethlehem Township had an average of 22 days on market in Nov 2024, up by 29% compared to last year.

Breakdown of Home Sale Times

73 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 November 2024, 95 homes were sold in Bethlehem Township; 77% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 3% 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 17 Days Ago

Newest Listings in Bethlehem Township, PA

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