Is Hellertown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hellertown is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Hellertown, PA

How much do homes in Hellertown, PA cost?

Median Sold Price

$362,500

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+3.6%)

Key Takeaway

Homes in Hellertown have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Hellertown was $362,500 in October 2024, up 3.6% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $277.6K$280.5K
+1.0%
3 $287K$340K
+18.5%
4 $550K$641.5K
+16.6%
5+ $828K$745K
-10.0%

Summary: Hellertown 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 1%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes decreased by 10%.

Median Sold Price Compared To Nearby Cities

Hellertown
+3.6%
Bethlehem
+3.2%
Lower Saucon Township
-10.6%

Housing Supply in Hellertown, PA

How many homes are available in Hellertown, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3937-5.1%

Summary: The Hellertown real estate market had 37 homes for sale in October 2024, a 5.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 99
0.0%
3 1717
0.0%
4 1210
-16.7%
5+ 11
0.0%

Summary: The Hellertown 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 remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hellertown, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Hellertown in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.

Days on Market for Hellertown, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days10 Days-0.4%

Summary: Homes in Hellertown had an average of 10 days on market in Oct 2024, down by 0.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Hellertown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Hellertown, PA

Nearby Markets to Hellertown, PA

What housing markets are near Hellertown, PA?