Is Lower Saucon Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Lower Saucon Township was a Seller's Market.
Housing Prices in Lower Saucon Township, PA
How much do homes in Lower Saucon Township, PA cost?
Median Sold Price
$438,250
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lower Saucon Township was $438,250 in May 2024, down 12.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $277.6K | +11.1% |
3 Bedrooms | $381.5K | $356K | -6.7% |
4 Bedrooms | $595K | $704.5K | +18.4% |
5+ Bedrooms | $869K | $865K | -0.5% |
Summary: Lower Saucon Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
Hellertown | $310K | $353K | +13.9% |
Freemansburg | $235K | $259.5K | +10.4% |
Bethlehem | $305K | $325.5K | +6.7% |
Springfield Township | $430K | $452K | +5.1% |
Lower Saucon Township | $500K | $438.2K | -12.3% |
Housing Supply in Lower Saucon Township, PA
How many homes are available in Lower Saucon Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 45 | +32.4% |
Summary: The Lower Saucon Township real estate market had 45 homes for sale in May 2024, a 32.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 13 | 10 | -23.1% |
4 Bedrooms | 9 | 15 | +66.7% |
5+ Bedrooms | 5 | 12 | +140.0% |
Summary: The Lower Saucon Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 140%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 6 | -45.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Lower Saucon Township in May 2024, down by 45.5% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for Lower Saucon Township, PA
How long does it take to sell a home in Lower Saucon Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 5 Days | -80.4% |
Summary: Homes in Lower Saucon Township had an average of 5 days on market in May 2024, down by 80.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Lower Saucon Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.