$1,544 Closing Credit*
$129,999
1,726 SqFt
3 Beds
•1 Full Bath
Jasminn Cooper, Listing Office: EXP Realty, LLC.
Is South Lehigh, 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, South Lehigh was a Seller's Market.
Key Takeaway
South Lehigh is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Lehigh, PA
How much do homes in South Lehigh, PA cost?
Median Sold Price
$125,500
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,000(+2.4%)
Key Takeaway
Homes in South Lehigh have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in South Lehigh was $125,500 in October 2024, up 2.4% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $66K | $71K | +7.6% |
| 3 Bedrooms | $130K | $134K | +3.1% |
| 4 Bedrooms | $195K | $213.7K | +9.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: South Lehigh 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 7.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Glenwood | $71.5K | $77.5K | +8.4% |
| South Lehigh | $122.5K | $125.5K | +2.4% |
| Upper North Philadelphia | $90K | $81.2K | -9.8% |
| Allegheny West | $92.1K | $80K | -13.1% |
Housing Supply in South Lehigh, PA
How many homes are available in South Lehigh, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 26 | +18.2% |
Summary: The South Lehigh real estate market had 26 homes for sale in October 2024, a 18.2% increase 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Lehigh 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 increased by 25%, 3 bedroom homes increased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Lehigh, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in South Lehigh in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Lehigh, PA
How long does it take to sell a home in South Lehigh, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 25 Days | -39.0% |
Summary: Homes in South Lehigh had an average of 25 days on market in Oct 2024, down by 39% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Lehigh are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in South Lehigh; 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.
