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 buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Lower Mount Bethel Township has remained a Buyer's Market.

Key Takeaway

Lower Mount Bethel Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lower Mount Bethel Township, PA

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

Median Sold Price

$400,000

$198/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$90,000(-18.4%)

Key Takeaway

Homes in Lower Mount Bethel Township have sold for 18.4% less than they did a month ago.

Summary: The median home sold price in Lower Mount Bethel Township was $400,000 in April 2024, down 18.4% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $490K$400K
-18.4%
5+ --
N/A

Summary: Lower Mount Bethel Township housing prices by bedroom type for April 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 did not change, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lower Mount Bethel Township
-18.4%
Harmony Township
-48.2%

Housing Supply in Lower Mount Bethel Township, PA

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
880.0%

Summary: The Lower Mount Bethel Township real estate market had 8 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 54
-20.0%
5+ 22
0.0%

Summary: The Lower Mount Bethel 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 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 April 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

Mar 2024Apr 2024CHANGE
59 Days6 Days-89.8%

Summary: Homes in Lower Mount Bethel Township had an average of 6 days on market in Apr 2024, down by 89.8% 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 April 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 14 Days Ago

Newest Listings in Lower Mount Bethel Township, PA

Nearby Markets to Lower Mount Bethel Township, PA

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