Bethlehem, PA 18020 Real Estate Market Report

ZIP Code: 18020
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of February 2026, the housing market in Bethlehem, PA reflects a median sold price of $404,949.50, indicating a stable environment after recent fluctuations. The neighborhood has shown a year-over-year price trend that is up, suggesting a gradual recovery in market value. This increase in sold prices, coupled with a median listing price of $475,000, highlights a notable pricing gap that may signal seller expectations are not fully aligned with current market realities.

Transaction activity appears moderate, with median days on market reaching 237 days, indicating a slower sales velocity. Elevated inventory levels are present, which may contribute to the prolonged time properties spend on the market. Overall, the market is characterized by a neutral temperature, suggesting a balance between supply and demand, though elevated interest rate pressure may temper buyer enthusiasm moving forward.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Bethlehem PA market around 6.09% are notably lower than the 6.87% average seen one year ago, indicating a cost opportunity for new financing.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. $404,949.50 is the median sold price, reflecting stable market conditions in Bethlehem, PA.

2. 237 days is the median days on market, indicating a slower sales velocity and potential pricing friction.

3. The median listing price of $475,000 suggests a significant gap between seller expectations and market realities.

4. The year-over-year price trend is up, indicating a gradual recovery in market value despite elevated interest rate pressure.

5. $2,270 is the median market rent, which remains stable, supporting housing demand in the area.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.