As the premier source of real estate information in the Lehigh Valley and its surrounding communities, the Greater Lehigh Valley REALTORS® (GLVR) is pleased to provide an in-depth report on the 2025 local housing market.
 
Highlights of the report include:
 
SALES: Pending sales increased 2.1 percent, finishing 2025 at 6,577. Closed sales were up 1.2 percent to end the year at 6,525.

LISTINGS: Comparing 2025 to the prior year, the number of homes available for sale was down 9.3 percent. There were 605 active listings at the end of 2025. New listings increased by 0.8 percent to finish the year at 7,848.

LIST PRICE RECEIVED: Sellers received, on average, 100.8 percent of their list price at sale. Year-over-year list price decreased 0.3 percent.

DISTRESSED HOMES: Despite concerns over rates and overall affordability, strong gains in equity seen by most homeowners in the last few years has limited the number of distressed sales. In 2025, the percentage of closed sales that were either foreclosure or short sale finished the year at 0.8 percent of the market. This is a decrease of properties over 2024, which saw 1.0 percent of sales as distressed.

PRICES: Home prices were up compared to last year. The overall median sales price increased 3.7 percent to $350,000 for the year. Single Family home prices were up 5.0 percent compared to last year, and Townhouse-Condo home prices were up 5.4 percent.

CARBON COUNTY REVIEW: Closed sales were up 0.7 percent to 677. There were 920 new listings, and the year closed with 134 active listings. Percent of list price received at sale for 2025 was, on average, 97.0 percent. The overall median sales price increased 6.9 percent to $256,500.

WHAT TO EXPECT IN 2026: Looking ahead to 2026, experts are forecasting an improvement in market activity. Mortgage rates declined through the second half of 2025 and are expected to stay in the 6% range in the year ahead, supporting incremental gains in affordability. As inventory builds, sales volume is projected to increase. Economists anticipate modest increases in home prices, well below the rapid appreciation of recent years. While conditions should become somewhat more favorable for buyers, affordability constraints and the effects of a decade-long supply shortfall will continue to shape the market. Taken together, these trends suggest 2026 will be a year of stabilization and recovery, rather than dramatic change.

About the Report / View the Full Report:

The Annual Report provides thorough data on the 2025 real estate market in Lehigh and Northampton counties. A quick review of Carbon County and its school districts is also reported. The full report is only available to members of the Greater Lehigh Valley REALTORS® via the Member Portal.
 
ShowingTime, the vendor used to create the annual and monthly market reports, uses research collected from the Greater Lehigh Valley REALTORS® Multiple Listing Service (MLS), which is utilized by more than 3,000 REALTORS® and Appraisers.

The Annual Report provides commentary on the 2025 real estate market and a breakdown of the following criteria:

• Quick Facts
  • New Listings
  • Pending Sales
  • Closed Sales
  • Median Sales Price
  • Average Sales Price
  • Percent of List Price Received
  • Inventory of Homes for Sale
  • Monthly Supply of Inventory
• Property Type Review
• Price Range Review
• Distressed Homes Review
• Activity by School District with Review of Median Sales Price

The full annual report is only available to members of the Greater Lehigh Valley REALTORS®. The report lives on the Member Portal under MLS > Markets Updates > Annual Reports. If you are not a full member of the association and want to revisit your membership type, contact Cheryl Graham, Membership Administrator, at Cheryl@GLVR.org to get started.