$2,719 Closing Credit*
$229,000
1,472 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: BHHS Fox & Roach Macungie
Is Emmaus, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Emmaus has remained a Seller's Market.
Key Takeaway
Emmaus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Emmaus, PA
How much do homes in Emmaus, PA cost?
Median Sold Price
$378,300
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,300(+5.4%)
Key Takeaway
Homes in Emmaus have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Emmaus was $378,300 in November 2024, up 5.4% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $312K | $332K | +6.4% |
| 3 Bedrooms | $342.5K | $355K | +3.6% |
| 4 Bedrooms | $375K | $480K | +28.0% |
| 5+ Bedrooms | $460K | $715K | +55.4% |
Summary: Emmaus housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 28%, and 5+ bedroom homes increased by 55.4%.
Median Sold Price Compared To Nearby Cities
| Allentown | $255.8K | $290.3K | +13.5% |
| Emmaus | $359K | $378.3K | +5.4% |
| Lower Macungie Township | $400.6K | $420.6K | +5.0% |
| Salisbury Township | $335K | $350K | +4.5% |
| Upper Milford Township | $420.8K | $425K | +1.0% |
Housing Supply in Emmaus, PA
How many homes are available in Emmaus, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 68 | -20.9% |
Summary: The Emmaus real estate market had 68 homes for sale in November 2024, a 20.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 46 | 31 | -32.6% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Emmaus housing inventory by bedroom type for November 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 32.6%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Emmaus, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Emmaus in November 2024, up by 15.0% month-over-month. Of the 23 sold homes, 65% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Emmaus, PA
How long does it take to sell a home in Emmaus, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 40 Days | +35.5% |
Summary: Homes in Emmaus had an average of 40 days on market in Nov 2024, up by 35.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Emmaus are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in Emmaus; 74% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
