Is Bethlehem Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$336,213
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bethlehem Township was $336,213 in April 2024, down 4.8% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $203K | $199.9K | -1.5% |
2 Bedrooms | $248.7K | $253.4K | +1.9% |
3 Bedrooms | $312K | $313K | 0.3% |
4 Bedrooms | $475K | $472.5K | -0.5% |
5+ Bedrooms | $520.5K | $515K | -1.1% |
Summary: Bethlehem Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Cities
Bethlehem | $266.1K | $325.5K | +22.3% |
Freemansburg | $240K | $259.5K | +8.1% |
Lower Nazareth Township | $430K | $435K | +1.2% |
Bethlehem Township | $353K | $336.2K | -4.8% |
Hanover Township | $315.8K | $285K | -9.8% |
Housing Supply in Bethlehem Township, PA
How many homes are available in Bethlehem Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
286 | 261 | -8.7% |
Summary: The Bethlehem Township real estate market had 261 homes for sale in April 2024, a 8.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 30 | 37 | +23.3% |
3 Bedrooms | 137 | 110 | -19.7% |
4 Bedrooms | 76 | 80 | +5.3% |
5+ Bedrooms | 35 | 26 | -25.7% |
Summary: The Bethlehem 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 23.3%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 25.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
103 | 90 | -12.6% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
56 Homes Were Sold
Over Asking
Summary: A total of 90 homes were sold or pending in Bethlehem Township in April 2024, down by 12.6% month-over-month. Of the 90 sold homes, 24% were sold under asking, 13% were sold at asking, and 62% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 20 Days | -12.1% |
Summary: Homes in Bethlehem Township had an average of 20 days on market in Apr 2024, down by 12.1% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 90 homes were sold in Bethlehem Township; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.