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 October 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

$280,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,000(+19.1%)

Key Takeaway

Homes in Lehighton have sold for 19.1% more than they did a year ago.

Summary: The median home sold price in Lehighton was $280,000 in October 2024, up 19.1% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K-
N/A
2 $202K$209.9K
+3.9%
3 $224.5K$270K
+20.3%
4 $215K$325K
+51.2%
5+ $334.9K$322K
-3.9%

Summary: Lehighton 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 3.9%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 51.2%, and 5+ bedroom homes decreased by 3.9%.

Median Sold Price Compared To Nearby Cities

Lehighton
+19.1%
Mahoning Township
+9.3%
Franklin Township
-2.2%

Housing Supply in Lehighton, PA

How many homes are available in Lehighton, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6963-8.7%

Summary: The Lehighton real estate market had 63 homes for sale in October 2024, a 8.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 3831
-18.4%
4 1515
0.0%
5+ 910
+11.1%

Summary: The Lehighton 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 decreased by 18.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1822+22.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 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. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Lehighton in October 2024, up by 22.2% month-over-month. Of the 22 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
22 Days31 Days+40.9%

Summary: Homes in Lehighton had an average of 31 days on market in Oct 2024, up by 40.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

8 Homes Were 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 October 2024, 22 homes were sold in Lehighton; 64% of homes were sold within 30 days, 36% 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

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