Bethlehem, PA 18020 Real Estate Market Report

ZIP Code: 18020
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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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.

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Rental Market

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The primary indicator of market value is the median sold price: 370,000, which signals realized transaction pricing in the neighborhood and aligns with a hot market environment.

2. There is a notable gap between the median listing price: 482,500 and the median sold price: 370,000, which may indicate pricing friction as seller expectations exceed recent transaction levels; market participants should price competitively to avoid extended marketing times and bidding shortfalls, and this gap is a softening signal for sellers.

3. The median days on market: 326 points to slower sales velocity for listed properties despite the hot market temperature, suggesting that some listings may require price adjustments or targeted marketing to convert interest into closed sales—this pace appears to be a cautionary liquidity signal.

4. Rent and unit economics show a median price per square foot: 211 and median market rent: 2,250, while interest rate pressure is assessed as moderate, implying that buy-vs-rent decisions and financing sensitivity should be monitored closely by investors and active buyers.

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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.