Real Estate Market Update for 18015 (Bethlehem, PA)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 15% from one year earlier, and down 17% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 16%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 100-thousand dollars. The number of units sold increased 500% year-over-year, and increased 50% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 18015 (Bethlehem, PA)
Area Information for 18015 (Bethlehem, PA)
  • Population: 34,128
  • Median Age: 28.56 yr
  • Median Commute Time: 17.52 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 1,607/sq mi
  • Population Change Since 2000: 11.19%
  • Closest Airport: Lehigh Valley International
  • Closest College: Lehigh University
  • Closest Jr. College: Pennsylvania School Of Business
  • Median Household Income: $42,625
  • Annual Residential Turnover: 17.58%
  • Median Years in Residence: 3.53 yr
  • Median Home Sales Price: $119,000
  • Closest Major Sports Team: Reading Fightin Phils
  • Change Avg. Household Income Since 2000: 20%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 18015 (Bethlehem, PA)
Median Age: 28.56 Married: 23% Number of Households: 11,469 Households with Children: 3,617
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 18015 (Bethlehem, PA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Lehigh Valley Dual Language Charter School 1.5 mi Public K-8 1 4
      Fountain Hill El School 1.6 mi Public K-5 1 3
      Broughal Middle School 1.7 mi Public 6-8 1 4
      Holy Infancy School 1.7 mi Catholic PRESCHOOL-8 0 4
      Donegan El School 1.8 mi Public K-5 1 4
      Kidspeace Broadway School 2.0 mi Private 2-11 0 0
      Southern Lehigh Intermediate School 3.3 mi Public 4-6 4-5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 18015 (Bethlehem, PA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.