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Published on May 13, 2026

The Greater Lehigh Valley REALTORS® (GLVR) reported April housing data reflected strong buyer demand despite continued inventory constraints, as pending sales surged 18.5 percent year over year while inventory remained limited at 1.2 months’ supply. 

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

“Nationally, affordability concerns and limited inventory continue to shape buyer behavior, and we’re seeing similar trends here in the Lehigh Valley,” said GLVR CEO Justin Porembo. “Buyers who may have previously focused solely on existing homes are increasingly looking at new construction communities, particularly as builders continue adding inventory and offering move-in-ready opportunities.”

Sales of newly built single-family homes jumped 7.4 percent in March compared to February, and sales were up 3.3 percent from a year ago, according to the Commerce Department. Builders cited tight supply in the existing-home market as a key driver fueling recent demand in new construction.

April Stats

Closed Sales decreased 16.1 percent, coming in at 452 listings. Inventory slipped 6.3 percent, with 643 units available in April across Lehigh and Northampton counties. The Median Sales Price grew 4.3 percent to $360,000, up from $345,000.

Other notable housing statistics for April include:

  • New Listings slid 0.7 percent (just five listings) to 752 listings.
  • Pending Sales jumped 18.5 percent to 679 listings.
  • Months Supply of Inventory came in at 1.2 months.
  • Percentage of List Price Received increased to 101.4 percent, a change of 0.1 percent.
  • Homes sold, on average, in 23 days, two days faster than the previous April.

In Carbon County, the Median Sales Price was largely steady at $250,000, Closed Sales decreased by five listings to end the month at 43, Pending Sales saw a nice jump to 79 (from 54), and New Listings grew to 97. Inventory fell to 129 units, resulting in a Months Supply of Inventory of 2.2 months. Homes sold in an average of 55 days.

“While affordability remains a challenge across much of the Northeast, the Lehigh Valley continues to stand out as an attractive market for buyers seeking value and opportunity,” said GLVR President Cliff Lewis. “The Northeast median home price topped $510,000 in April, while the Lehigh Valley median sales price came in at $360,000. That relative affordability, paired with strong demand and quality-of-life amenities, continues to make our region a destination. Whether you’re looking to build, buy an existing home, rent, or find space for a new business, working with a REALTOR® who understands the local market can help guide you through the process.”

Local New Construction Snapshot

In the Lehigh Valley, from January 1 to April 30*:

  • 87 residential new construction properties in Lehigh and Northampton counties sold at a Median Sales Price of $560,000.
  • 144 residential new construction properties in Lehigh and Northampton counties are currently under agreement with an average list price of $679,493.
  • 116 residential new construction properties in Lehigh and Northampton counties are currently available.

* Year built between 2025-2026; note these statistics may not reflect every home or lot sold or available within each development