Is Hellertown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hellertown has remained a Seller's Market.
Key Takeaway
Hellertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hellertown, PA
How much do homes in Hellertown, PA cost?
Median Sold Price
$353,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hellertown have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Hellertown was $353,000 in May 2024, up 13.9% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.9K | - | N/A |
| 2 Bedrooms | $225.8K | $276K | +22.2% |
| 3 Bedrooms | $292.9K | $320K | +9.3% |
| 4 Bedrooms | $497.5K | $626K | +25.8% |
| 5+ Bedrooms | $814K | $827.5K | +1.7% |
Summary: Hellertown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Hellertown | $310K | $353K | +13.9% |
| Bethlehem | $305K | $325.5K | +6.7% |
| Lower Saucon Township | $500K | $438.2K | -12.3% |
Housing Supply in Hellertown, PA
How many homes are available in Hellertown, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 42 | +23.5% |
Summary: The Hellertown real estate market had 42 homes for sale in May 2024, a 23.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Hellertown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hellertown, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Hellertown in May 2024, down by 27.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.
Days on Market for Hellertown, PA
How long does it take to sell a home in Hellertown, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 7 Days | -71.9% |
Summary: Homes in Hellertown had an average of 7 days on market in May 2024, down by 71.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hellertown are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 8 homes were sold in Hellertown; 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.
