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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lehighton is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Lehighton, PA

How much do homes in Lehighton, PA cost?

Median Sold Price

$290,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,595(+23.7%)

Key Takeaway

Homes in Lehighton have sold for 23.7% more than they did a year ago.

Summary: The median home sold price in Lehighton was $290,000 in November 2024, up 23.7% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K-
N/A
2 $202K$209.9K
+3.9%
3 $230K$287.2K
+24.9%
4 $210K$330K
+57.1%
5+ $340K$322K
-5.3%

Summary: Lehighton 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 3.9%, 3 bedroom homes increased by 24.9%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Cities

Lehighton
+23.7%
Mahoning Township
+9.8%
Franklin Township
0.0%

Housing Supply in Lehighton, PA

How many homes are available in Lehighton, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6561-6.2%

Summary: The Lehighton real estate market had 61 homes for sale in November 2024, a 6.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 610
+66.7%
3 3327
-18.2%
4 1616
0.0%
5+ 108
-20.0%

Summary: The Lehighton 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 increased by 66.7%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2612-53.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lehighton, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Lehighton in November 2024, down by 53.8% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.

Days on Market for Lehighton, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days13 Days-35.1%

Summary: Homes in Lehighton had an average of 13 days on market in Nov 2024, down by 35.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Lehighton; 92% of homes were sold within 30 days, 8% 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 17 Days Ago

Newest Listings in Lehighton, PA

Nearby Markets to Lehighton, PA

What housing markets are near Lehighton, PA?