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Published on June 15, 2026

The Greater Lehigh Valley REALTORS® (GLVR) reported May housing data reflected steady buyer activity, limited inventory, and sustained price pressure. The Median Sales Price climbed 8.7 percent to $375,000, matching the highest median sales price previously recorded in July 2025. Despite tying a local record, the Lehigh Valley remained more affordable than the overall U.S. market, where the national median existing-home price came in at $417,700.

GLVR Members: Click HERE to view the full Market Update report for May 2026.

“May’s numbers show that buyers are still stepping forward, but they are doing so in a market where options remain limited,” said GLVR CEO Justin Porembo. “Pending Sales are a positive signal, and they align with national reports showing cautious optimism among buyers. But with inventory slipping locally and prices again reaching a record high, affordability and supply remain central challenges for our region.”

May Stats

Closed Sales decreased 2.4 percent, coming in at 528 listings. Inventory slipped 7.7 percent, with 693 units available in May across Lehigh and Northampton counties. The Median Sales Price grew 8.7 percent to $375,000, up from $345,000.

Other notable housing statistics for May include:

  • New Listings slid 5.3 percent to 764 listings.
  • Pending Sales grew 4.3 percent to 659 listings.
  • Months Supply of Inventory came in at 1.3 months.
  • Percentage of List Price Received was largely steady (101.6 percent in May 2026 vs. 101.9 percent in May 2025).
  • Homes sold, on average, in 20 days, one day slower than the previous May.

In Carbon County, the Median Sales Price jumped to $281,000, Closed Sales increased to end the month at 68, Pending Sales slid to 58, and New Listings dropped to 83. Inventory fell to 144 units, resulting in a Months Supply of Inventory of 2.5 months. Homes sold in an average of 41 days.

GLVR President Cliff Lewis added that well-positioned homes continue to draw attention from buyers across the Lehigh Valley.

“Even with economic uncertainty and affordability challenges, demand has not disappeared,” Lewis said. “Homes that are priced appropriately and show well are still moving quickly, often at or above list price. The Lehigh Valley remains a competitive market, and buyers who are prepared, patient, and working closely with a REALTOR® are in the best position to succeed.”