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Home prices in the Lehigh Valley hit another record high
Stacy Wescoe//August 17, 2026//
July saw another record high for home prices in the Lehigh Valley.
According to the latest report from the Greater Lehigh Valley Realtors, the median sales price reached a high of $389,500 last month, topping the June record of $385,000.
“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.”
Closed sales actually decreased 0.8% to 693 sales.
The Lehigh Valley’s already tight inventory slipped 4.8%, with 870 units available across Lehigh and Northampton counties.
However, new listings increased 3.4% to 832 listings, and pending sales grew 8.1% to 642 listings.
In Carbon County, the median sale price decreased to $239,500. Closed sales totaled 57, while pending sales came in at 53 and new listings at 81.
“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.”
