Is Lehigh Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lehigh Township has remained a Seller's Market.
Housing Prices in Lehigh Township, PA
How much do homes in Lehigh Township, PA cost?
Median Sold Price
$335,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lehigh Township was $335,000 in April 2024, up 4.3% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179.9K | - | N/A |
2 Bedrooms | $235K | $230K | -2.1% |
3 Bedrooms | $319.9K | $299.9K | -6.3% |
4 Bedrooms | $370K | $384K | +3.8% |
5+ Bedrooms | $412K | $254.3K | -38.3% |
Summary: Lehigh 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 2.1%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 38.3%.
Median Sold Price Compared To Nearby Cities
Walnutport | $261.4K | $325K | +24.3% |
Lehigh Township | $321.2K | $335K | +4.3% |
Housing Supply in Lehigh Township, PA
How many homes are available in Lehigh Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 25 | +13.6% |
Summary: The Lehigh Township real estate market had 25 homes for sale in April 2024, a 13.6% increase 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 | 3 | 2 | -33.3% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 10 | 14 | +40.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lehigh 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lehigh Township in April 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Lehigh Township, PA
How long does it take to sell a home in Lehigh Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 37 Days | +12.0% |
Summary: Homes in Lehigh Township had an average of 37 days on market in Apr 2024, up by 12% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Lehigh Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.