Bethlehem, PA 18020 Real Estate Market Report

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

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

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

Key Findings

1. The neighborhood's primary market value indicator is the median sold price of $360,000, which represents recent transaction activity and should be treated as the most reliable signal of market value; price momentum is up year‑over‑year, supporting continued valuation strength.
2. There is a wide spread between the median listing price of $574,995 and the median sold price of $360,000, which may indicate seller pricing expectations materially exceed realized sale levels and suggests pricing friction between ask and transaction values.
3. Liquidity appears mixed: the median days on market is 354, which points to slower sales velocity even as the market is characterized as hot by broader temperature indicators; this suggests recent sales are occurring but can take longer to close, and the sample shows relatively constrained active supply rather than broad excess inventory.
4. Rents are rising with a median market rent of $2,095 and rent year‑over‑year trend marked up; interest rate pressure is described as moderate, with current 30‑year fixed mortgage rates averaging approximately 6.5% in the 18020 area, a level that may temper buyer pacing but still supports owner stability compared with prior volatility.

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.