$2,671 Closing Credit*
$224,900
1,666 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: Century 21 Ramos Realty
Is Lehigh County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Lehigh County has remained a Seller's Market.
Key Takeaway
Lehigh County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lehigh County, PA
How much do homes in Lehigh County, PA cost?
Median Sold Price
$340,834
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$23,386(+7.4%)
Key Takeaway
Homes in Lehigh County have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Lehigh County was $340,834 in December 2024, up 7.4% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146K | $156K | +6.8% |
| 2 Bedrooms | $250K | $275.5K | +10.2% |
| 3 Bedrooms | $299.1K | $320.7K | +7.2% |
| 4 Bedrooms | $414.5K | $459K | +10.7% |
| 5+ Bedrooms | $337.5K | $351.2K | +4.1% |
Summary: Lehigh County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Counties
| Schuylkill County | $132.6K | $150K | +13.1% |
| Lehigh County | $317.4K | $340.8K | +7.4% |
| Bucks County | $454K | $482.1K | +6.2% |
| Northampton County | $324.9K | $340K | +4.6% |
| Carbon County | $230.1K | $238.3K | +3.6% |
Housing Supply in Lehigh County, PA
How many homes are available in Lehigh County, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1,048 | 833 | -20.5% |
Summary: The Lehigh County real estate market had 833 homes for sale in December 2024, a 20.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 101 | 90 | -10.9% |
| 3 Bedrooms | 491 | 380 | -22.6% |
| 4 Bedrooms | 338 | 262 | -22.5% |
| 5+ Bedrooms | 114 | 98 | -14.0% |
Summary: The Lehigh County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 10.9%, 3 bedroom homes decreased by 22.6%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes decreased by 14%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 312 | 267 | -14.4% |
Asking Price vs. Sold Price
100 Homes Were Sold
Under Asking
58 Homes Were Sold
At Asking
109 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lehigh County, you could pay more than the asking price. 40.8% of homes here sold above asking price last month.
Summary: A total of 267 homes were sold or pending in Lehigh County in December 2024, down by 14.4% month-over-month. Of the 267 sold homes, 37% were sold under asking, 22% were sold at asking, and 41% were sold over asking.
Days on Market for Lehigh County, PA
How long does it take to sell a home in Lehigh County, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 22 Days | 27 Days | +23.7% |
Summary: Homes in Lehigh County had an average of 27 days on market in Dec 2024, up by 23.7% compared to last year.
Breakdown of Home Sale Times
204 Homes Were Sold
Under 30 Days
50 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lehigh County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 267 homes were sold in Lehigh County; 76% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.