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March showed a mixed Lehigh Valley housing market
Stacy Wescoe//April 14, 2026//
Listen to this articleThe Greater Lehigh Valley Realtors said the March housing market saw mixed market conditions, as gains in new listings and stable pending sales were contrasted by a year-over-year decline in closed sales and a slight dip in median home prices.
“While we saw a dip in closed sales locally, increased new listings and steady pending activity point to buyers re-engaging with the market as we head into the spring housing season,” said GLVR CEO Justin Porembo. “At the same time, we’re continuing to see a push-and-pull between improving inventory and affordability constraints, with buyers keeping a close eye on mortgage rates amid recent geopolitical tensions.”
Closed sales decreased 10%, coming in at 387 listings. Inventory, which has been an ongoing issue, grew 4%, with 604 units available in March across Lehigh and Northampton counties.
New listings increased 11.2 percent to 697 listings.
Meanwhile, the median sales price, which had been consistently growing in recent months, slipped 3.7% to $337,000, down from $349,950.
However, the percentage of list price received increased to 100.2%, up 0.2%.
Homes sold, on average, in 30 days, one day slower than the previous March.
In Carbon County, the median sales price increased to $298,000.
Most housing statistics for Carbon were largely steady. Closed sales decreased by three listings to end the month at 48. New Listings decreased to 68, a change of 10 listings.
Inventory fell to 119 units. Homes sold in an average of 58 days.
“With more buyers re-entering the market, demand is still there—but it’s more selective,” said GLVR President Cliff Lewis. “Homes that are updated and priced right are rising to the top, while others may take longer as buyers weigh affordability and overall value.”
