Is Lower Saucon Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lower Saucon Township was a Buyer's Market.
Key Takeaway
Lower Saucon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lower Saucon Township, PA
How much do homes in Lower Saucon Township, PA cost?
Median Sold Price
$450,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lower Saucon Township have sold for 10% less than they did a year ago.
Summary: The median home sold price in Lower Saucon Township was $450,000 in April 2024, down 10% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $341K | +48.3% |
| 3 Bedrooms | $381.5K | $365K | -4.3% |
| 4 Bedrooms | $595K | $704K | +18.3% |
| 5+ Bedrooms | $930K | $867K | -6.8% |
Summary: Lower Saucon Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes decreased by 6.8%.
Median Sold Price Compared To Nearby Cities
| Bethlehem | $266.1K | $325.5K | +22.3% |
| Hellertown | $299.9K | $354K | +18.0% |
| Springfield Township | $418.5K | $455K | +8.7% |
| Freemansburg | $240K | $259.5K | +8.1% |
| Lower Saucon Township | $500K | $450K | -10.0% |
Housing Supply in Lower Saucon Township, PA
How many homes are available in Lower Saucon Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 32 | -8.6% |
Summary: The Lower Saucon Township real estate market had 32 homes for sale in April 2024, a 8.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 12 | 6 | -50.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Lower Saucon Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Saucon Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Lower Saucon Township in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 20% were sold under asking, 30% were sold at asking, and 50% were sold over asking.
Days on Market for Lower Saucon Township, PA
How long does it take to sell a home in Lower Saucon Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 4 Days | 40 Days | +789.1% |
Summary: Homes in Lower Saucon Township had an average of 40 days on market in Apr 2024, up by 789.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lower Saucon Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Lower Saucon Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
