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Published on August 14, 2026

The Greater Lehigh Valley REALTORS® (GLVR) reported another record-setting month for home prices in July, with the Median Sales Price reaching a new high of $389,500. The latest milestone comes just one month after June’s previous record of $385,000 and continues to reflect the price pressure created by steady buyer demand and a persistently limited supply of homes.

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

“Reaching another record Median Sales Price just one month after setting the previous high shows how much competition remains in our local housing market,” said GLVR CEO Justin Porembo. “Buyers are still active, but the number of homes available continues to be a major factor in affordability. Increasing housing supply remains critical to giving buyers more options and creating a healthier, more balanced market.”

July Stats

Closed Sales decreased 0.8 percent to 693 sales (a difference of five sales). Inventory slipped 4.8 percent, with 870 units available across Lehigh and Northampton counties. The Median Sales Price grew 3.9 percent to a record $389,500, up from $375,000 in July 2025.

Other notable housing statistics for July include:

  • New Listings increased 3.4 percent to 832 listings.
  • Pending Sales grew 8.1 percent to 642 listings.
  • Months Supply of Inventory came in at 1.6 months.
  • Percentage of List Price Received was largely steady (101.4 percent in July 2026 vs. 101.6 percent in July 2026).
  • Homes sold, on average, in 17 days, the same number of days as the previous July.

In Carbon County, the Median Sales Price decreased to $239,500. Closed Sales totaled 57, while Pending Sales came in at 53 and New Listings at 81. Inventory stood at 166 units, resulting in a Months Supply of Inventory of 3.0 months. Homes sold in an average of 30 days.

“Locally, homes continued to move quickly in July, selling in an average of just 17 days compared with a national median of 28 days,” said GLVR President Cliff Lewis. “At the same time, Pending Sales increased 8.1 percent, showing that buyers remain engaged despite record prices and limited inventory. With first-time buyers accounting for 33 percent of home purchases nationally, increasing housing options at a variety of price points remains especially important for those trying to enter the market.”

Lewis added that July’s market continued to reward sellers whose homes were positioned well.

“While every transaction and property is different, sellers received an average of 101.4 percent of list price in July,” Lewis said. “That’s a strong indication of the competition that continues for desirable, appropriately priced homes. For buyers and sellers alike, understanding local market conditions, being prepared from the start, and working with a REALTOR® can make a meaningful difference.”