Is Bethlehem Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bethlehem Township has remained a Seller's Market.
Housing Prices in Bethlehem Township, PA
How much do homes in Bethlehem Township, PA cost?
Median Sold Price
$335,365
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bethlehem Township was $335,365 in March 2024, down 7.4% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $203K | $199.9K | -1.5% |
2 Bedrooms | $247.5K | $250K | +1.0% |
3 Bedrooms | $317.5K | $311.8K | -1.8% |
4 Bedrooms | $475K | $473.3K | -0.4% |
5+ Bedrooms | $590K | $475K | -19.5% |
Summary: Bethlehem Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 19.5%.
Median Sold Price Compared To Nearby Cities
Bethlehem | $260K | $325.6K | +25.2% |
Lower Nazareth Township | $424.9K | $435K | +2.4% |
Bethlehem Township | $362.2K | $335.3K | -7.4% |
Hanover Township | $345K | $283.4K | -17.8% |
Housing Supply in Bethlehem Township, PA
How many homes are available in Bethlehem Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
279 | 284 | +1.8% |
Summary: The Bethlehem Township real estate market had 284 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 8 | +33.3% |
2 Bedrooms | 33 | 33 | 0.0% |
3 Bedrooms | 128 | 130 | +1.6% |
4 Bedrooms | 78 | 73 | -6.4% |
5+ Bedrooms | 34 | 40 | +17.6% |
Summary: The Bethlehem Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 99 | +76.8% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 99 homes were sold or pending in Bethlehem Township in March 2024, up by 76.8% month-over-month. Of the 99 sold homes, 33% were sold under asking, 19% were sold at asking, and 47% were sold over asking.
Days on Market for Bethlehem Township, PA
How long does it take to sell a home in Bethlehem Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 25 Days | +31.8% |
Summary: Homes in Bethlehem Township had an average of 25 days on market in Mar 2024, up by 31.8% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 99 homes were sold in Bethlehem Township; 77% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.