Is Bethel, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bethel has remained a Seller's Market.
Key Takeaway
Bethel is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Bethel, PA cost?
Median Sold Price
$200,450
$168/sqft
Based on all homes sold in August 2023.
Difference Since Last Month
Key Takeaway
Homes in Bethel have sold for 58.5% less than they did a month ago.
Summary: The median home sold price in Bethel was $200,450 in August 2023, down 58.5% from last month, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $249.9K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $350K | - | N/A |
| 4 Bedrooms | - | $151K | N/A |
| 5+ Bedrooms | $616K | - | N/A |
Summary: Bethel housing prices by bedroom type for August 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bethel Township | $350K | $200.4K | -42.7% |
| Bethel | $483K | $200.4K | -58.5% |
Housing Supply
How many homes are available in Bethel, PA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Bethel real estate market had 5 homes for sale in August 2023, a 28.6% decrease compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Bethel housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bethel, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Bethel in August 2023, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market
How long does it take to sell a home in Bethel, PA?
Average Sale Time
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 4 Days | 2 Days | -44.4% |
Summary: Homes in Bethel had an average of 2 days on market in Aug 2023, down by 44.4% compared to last month.
Breakdown of Home Sale Times
2 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 Bethel are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 2 homes were sold in Bethel; 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.
