Lehigh County Home Prices & Values

$167,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.2% 1-year change
  • 2.6% 1-year forecast

The median home value in Lehigh County is $167,600. Lehigh County home values have gone up 4.2% over the past year and Zillow predicts they will rise 2.6% within the next year. The median list price per square foot in Lehigh County is $113, which is lower than the Allentown Metro average of $114. The median price of homes currently listed in Lehigh County is $179,000 while the median price of homes that sold is $165,150. The median rent price in Lehigh County is $1,100, which is lower than the Allentown Metro median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Lehigh County 4.5 homes are foreclosed (per 10,000). This is lower than the Allentown Metro value of 5.0 and also greater than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lehigh County is 8.7%, which is higher than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lehigh County homeowners underwater on their mortgage is 20.2%, which is lower than Allentown Metro at 21.4%.

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Relative ZHVI
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Lehigh County Market Overview

Data through Jun 30, 2014
  • $167,600 ZHVI
  • 2.6% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $179,000 Median listing price
  • $165,150 Median sale price
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Lehigh County Market Health

Data through Jun 30, 2014
  • 3.1/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • 134 Average of days on Zillow (May 31, 2014)
  • 20.2% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 8.7% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

4.5 homes Lehigh County
5 homes Allentown Metro
4.3 homes United States
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Cities in Lehigh County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Ancient Oaks $289,000 Lowhill Township $279,600 Upper Macungie $267,600
North Whitehall Township $252,800 Lower Macungie $247,700 Schnecksville $215,300
South Whitehall Township $200,100 Whitehall Township $174,300 Macungie $165,600

Listings & Sales

Data through Jun 30, 2014
  • $113 Median list price / sq ft
  • $109 Median sale price / sq ft
  • 38.6% Listings with price cut
23.7%
Sold below listing
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Lehigh County Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,353 Lehigh County
$1,386 Allentown Metro
$1,310 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,100 Rent list price
  • $0.88 Rent list price / sq ft
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