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Published on February 17, 2026

The Greater Lehigh Valley REALTORS® (GLVR) reported that January housing data reflected a seasonally slower market, with closed sales declining year over year amid tight inventory and severe winter weather. At the same time, recent economic development announcements and statewide housing initiatives are reinforcing long-term confidence in the Pennsylvania and Lehigh Valley housing markets.

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

“January’s numbers reflect a market constrained by limited inventory and influenced by unusually harsh winter conditions, including winter storms and sub-zero temperatures that can temporarily slow buyer and seller activity,” said GLVR CEO Justin Porembo. “That said, this mirrors national trends showing that while conditions may shift month to month, opportunity remains. Strong price growth, near-full list price attainment, and steady new listings point to resilient demand and continued competitiveness across the Lehigh Valley housing market.”

January Stats

Closed Sales decreased 10.1 percent, coming in at 366 listings. Inventory declined 3.1 percent, with 596 units available in January across Lehigh and Northampton counties. The Median Sales Price increased 11.1 percent to $350,000, up from $315,000.

Other notable housing statistics for January include:

  • New Listings were steady, losing just one listing (484 vs. 483)
  • Pending Sales slid 4.6 percent to 418.
  • Months Supply of Inventory was steady at 1.1 months.
  • Percentage of List Price Received grew to 99.9 percent, a change of 0.4 percent.
  • Homes sold, on average, in 30 days, five days slower than the previous January.

In Carbon County, the Median Sales Price decreased to $222,500. Most housing statistics for Carbon were largely steady. Closed Sales decreased by six listings to end the month at 40, Pending Sales increased by one listing (40 vs. 41), and New Listings decreased to 58, a change of three listings. Inventory fell to 131 units, resulting in a Months Supply of Inventory of 2.3 months. Homes sold in an average of 46 days.

“Even in a slower sales environment, demand in the Lehigh Valley remains strong,” said 2026 President Cliff Lewis. “Strategic investments, like Governor Josh Shapiro’s recently announced housing action plan and Eli Lilly’s expected expansion into the Lehigh Valley, signal confidence in the future of our state and region. These initiatives not only support job growth but also underscore the need for smart, sustainable housing solutions to ensure our communities remain accessible, competitive, and resilient in the years ahead.”