Is Lower Mount Bethel Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lower Mount Bethel Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Lower Mount Bethel Township was a Neutral Market.

Key Takeaway

Lower Mount Bethel Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lower Mount Bethel Township, PA

How much do homes in Lower Mount Bethel Township, PA cost?

Median Sold Price

$416,000

$143/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$136,000(+48.6%)

Key Takeaway

Homes in Lower Mount Bethel Township have sold for 48.6% more than they did a month ago.

Summary: The median home sold price in Lower Mount Bethel Township was $416,000 in February 2024, up 48.6% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $280K$416K
+48.6%
4 --
N/A
5+ --
N/A

Summary: Lower Mount Bethel Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 48.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lower Mount Bethel Township, PA

How many homes are available in Lower Mount Bethel Township, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
64-33.3%

Summary: The Lower Mount Bethel Township real estate market had 4 homes for sale in February 2024, a 33.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Lower Mount Bethel Township housing inventory by bedroom type for February 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 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lower Mount Bethel Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Lower Mount Bethel Township in February 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Lower Mount Bethel Township, PA

How long does it take to sell a home in Lower Mount Bethel Township, PA?

Average Sale Time

Jan 2024Feb 2024CHANGE
13 Days24 Days+84.6%

Summary: Homes in Lower Mount Bethel Township had an average of 24 days on market in Feb 2024, up by 84.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lower Mount Bethel Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 1 homes were sold in Lower Mount Bethel Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Lower Mount Bethel Township, PA

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What housing markets are near Lower Mount Bethel Township, PA?