Is Hellertown, 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, 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
$360,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hellertown have sold for 22% more than they did a year ago.
Summary: The median home sold price in Hellertown was $360,000 in March 2024, up 22% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.9K | - | N/A |
| 2 Bedrooms | $215K | $277.3K | +29.0% |
| 3 Bedrooms | $290K | $317K | +9.3% |
| 4 Bedrooms | $390K | $641.5K | +64.5% |
| 5+ Bedrooms | $828K | $795K | -4.0% |
Summary: Hellertown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 64.5%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
| Bethlehem | $260K | $325.6K | +25.2% |
| Hellertown | $295K | $360K | +22.0% |
| Lower Saucon Township | $483K | $465K | -3.7% |
Housing Supply in Hellertown, PA
How many homes are available in Hellertown, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 48 | -2.0% |
Summary: The Hellertown real estate market had 48 homes for sale in March 2024, a 2.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 22 | 17 | -22.7% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Hellertown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 9 | -43.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hellertown, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Hellertown in March 2024, down by 43.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 24 Days | 13 Days | -42.9% |
Summary: Homes in Hellertown had an average of 13 days on market in Mar 2024, down by 42.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was 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 March 2024, 9 homes were sold in Hellertown; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
