Is Lehman Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lehman Township has remained a Seller's Market.
Housing Prices in Lehman Township, PA
How much do homes in Lehman Township, PA cost?
Median Sold Price
$264,500
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lehman Township was $264,500 in April 2024, up 17.6% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $156.5K | N/A |
2 Bedrooms | $110K | $115K | +4.5% |
3 Bedrooms | $224.9K | $250K | +11.2% |
4 Bedrooms | $265K | $277.5K | +4.7% |
5+ Bedrooms | - | $355K | N/A |
Summary: Lehman Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Middle Smithfield Township | $249.9K | $310K | +24.0% |
Lehman Township | $225K | $264.5K | +17.6% |
Bushkill | $224.9K | $255K | +13.4% |
Housing Supply in Lehman Township, PA
How many homes are available in Lehman Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 29 | +3.6% |
Summary: The Lehman Township real estate market had 29 homes for sale in April 2024, a 3.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Lehman Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Lehman Township in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Lehman Township, PA
How long does it take to sell a home in Lehman Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
1 Day | 51 Days | +5083.3% |
Summary: Homes in Lehman Township had an average of 51 days on market in Apr 2024, up by 5083.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Lehman Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.