Is West Bethlehem Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Bethlehem Township was a Neutral Market.
Key Takeaway
West Bethlehem Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Bethlehem Township, PA
How much do homes in West Bethlehem Township, PA cost?
Median Sold Price
$184,000
$84/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Bethlehem Township have sold for 36.3% more than they did a year ago.
Summary: The median home sold price in West Bethlehem Township was $184,000 in April 2024, up 36.3% from last year, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | - | N/A |
| 2 Bedrooms | $65K | $25K | -61.5% |
| 3 Bedrooms | $135K | $191.5K | +41.9% |
| 4 Bedrooms | $182K | $290K | +59.3% |
| 5+ Bedrooms | - | $350K | N/A |
Summary: West Bethlehem Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 61.5%, 3 bedroom homes increased by 41.9%, 4 bedroom homes increased by 59.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Bethlehem Township | $135K | $184K | +36.3% |
| Washington Township | $199.9K | $217.7K | +8.9% |
Housing Supply in West Bethlehem Township, PA
How many homes are available in West Bethlehem Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Summary: The West Bethlehem Township real estate market had 2 homes for sale in April 2024, a 33.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Bethlehem Township housing inventory by bedroom type for April 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Bethlehem Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in West Bethlehem Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for West Bethlehem Township, PA
How long does it take to sell a home in West Bethlehem Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 22 Days | -42.1% |
Summary: Homes in West Bethlehem Township had an average of 22 days on market in Apr 2024, down by 42.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Bethlehem Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in West Bethlehem Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
