Is Lehighton, 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, Lehighton has remained a Seller's Market.
Key Takeaway
Lehighton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lehighton, PA
How much do homes in Lehighton, PA cost?
Median Sold Price
$245,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Lehighton have sold for 46.3% more than they did a year ago.
Summary: The median home sold price in Lehighton was $245,000 in March 2024, up 46.3% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $150K | $150K | 0.0% |
| 3 Bedrooms | $165K | $229.5K | +39.1% |
| 4 Bedrooms | $170K | $275K | +61.8% |
| 5+ Bedrooms | $230K | $334.9K | +45.6% |
Summary: Lehighton 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 did not change, 3 bedroom homes increased by 39.1%, 4 bedroom homes increased by 61.8%, and 5+ bedroom homes increased by 45.6%.
Median Sold Price Compared To Nearby Cities
| Lehighton | $167.5K | $245K | +46.3% |
| Franklin Township | $287.6K | $275K | -4.4% |
Housing Supply in Lehighton, PA
How many homes are available in Lehighton, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 59 | 58 | -1.7% |
Summary: The Lehighton real estate market had 58 homes for sale in March 2024, a 1.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Lehighton 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lehighton, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Lehighton in March 2024, up by 75.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% were sold over asking.
Days on Market for Lehighton, PA
How long does it take to sell a home in Lehighton, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 51 Days | -5.7% |
Summary: Homes in Lehighton had an average of 51 days on market in Mar 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lehighton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in Lehighton; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
