Bethlehem, PA Home Values & Market Trends

Real estate market trends reflect that there have been 1,309 transactions over the past year in Bethlehem. The median value for residential home transactions that occurred over the previous year is $299,901.15. The number of current listings in Bethlehem is 50, and the percentage of properties for sale in the city is 50.00%. Bethlehem, PA currently has 24 properties in foreclosure, 5 bank owned properties, 19 properties headed for auction, and 50 properties for sale.

Bethlehem, PA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
18015

$ 237,732

$ 136/sqft

18017

$ 346,875

$ 239/sqft

18020

$ 388,414

$ 209/sqft

18018

$ 265,989

$ 209/sqft

Housing Market Summary for Bethlehem, PA

Mar 2023February 2024Change
Median Listing Price$274.4K$279.7K1.93%
Median Sold Price$267.5K$279.7K4.56%
Homes For Sale52543.85%
Homes Sold744702-5.65%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Bethlehem, PA

Bethlehem home values range from $26,250 to $22,966,261. The median estimated value of a home in Bethlehem is $299,901.15. The median list price of a home is 279,950, and the total count of properties in the city is 33,384.

Foreclosure
There are 4 zips within Bethlehem, PA; within these zips, the median estimated home value for homes in foreclosure ranges from $360,887 in 18015 to the lowest value of $98,850 in 18015. Foreclosure homes account for 0.00% of properties in Bethlehem, PA with 18015 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Bethlehem, PA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Bethlehem, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Bethlehem, PA ranges from the highest value of $182,750 in 18017 to the lowest value of $171,106 in 18020. Bank owned homes and properties account for 0.01% of properties in Bethlehem, PA. There are 4 zips within Bethlehem, PA; 18018 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    18015 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Bethlehem, PA. Auction homes and other auction properties account for 0.06% of all properties in Bethlehem, PA. There are 4 zips within Bethlehem, PA; of those zips, the median estimated home value for homes going to auction ranges from $297,117 in 18018 to the lowest value of $98,850 in 18018.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in Bethlehem, PA with 18015 containing 18 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Bethlehem, PA; homes for sale in those zips, have a range of median values from $499,900 in 18020 to the lowest value of $95,298 in 18018.
    Sold Homes
    The median value for recently sold homes ranges from $1,198,080 in 18020 to the lowest price of $49,885 in 18020. There are 4 zips within Bethlehem, PA. 18017 has 241 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.06% of properties in Bethlehem, PA.

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      Guide for Bethlehem, PA

      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Recently Listed Homes Bethlehem, PA

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