$3,355 Closing Credit*
$282,500
2,712 SqFt
5 Beds
•3 Full Baths
Listing Office: Coldwell Banker Heritage R E
Is Lehman Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lehman Township was a Neutral Market.
Key Takeaway
Lehman Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lehman Township, PA
How much do homes in Lehman Township, PA cost?
Median Sold Price
$264,500
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,500(+13.5%)
Key Takeaway
Homes in Lehman Township have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Lehman Township was $264,500 in October 2024, up 13.5% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $156.5K | N/A |
| 2 Bedrooms | $115K | $275K | +139.1% |
| 3 Bedrooms | $232K | $222K | -4.3% |
| 4 Bedrooms | $308.7K | $311.5K | +0.9% |
| 5+ Bedrooms | $270K | $370K | +37.0% |
Summary: Lehman Township 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 139.1%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 37%.
Median Sold Price Compared To Nearby Cities
| Lehman Township | $233K | $264.5K | +13.5% |
| Bushkill | $232.5K | $260K | +11.8% |
| Middle Smithfield Township | $290K | $305K | +5.2% |
Housing Supply in Lehman Township, PA
How many homes are available in Lehman Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Summary: The Lehman Township real estate market had 44 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Lehman Township 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 increased by 4.5%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lehman Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Lehman Township in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Lehman Township, PA
How long does it take to sell a home in Lehman Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 80 Days | +42.0% |
Summary: Homes in Lehman Township had an average of 80 days on market in Oct 2024, up by 42% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lehman Township has remained consistent over time.
Summary: During October 2024, 9 homes were sold in Lehman Township; 0% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
