New Bethlehem, PA—16242
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Bethlehem, PA
As of Oct '25, the median home price in New Bethlehem, PA is $125,000, with a year-over-year change of 1.9%. This indicates that home prices in New Bethlehem, PA are increasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $125,000 | 1.9% |
| Single Family | $126,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $105,000 | -4.5% |
3 Bed | $138,000 | 0.0% |
4 Bed | $169,000 | 2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Bethlehem, PA
New Bethlehem, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Bethlehem, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in New Bethlehem, PA is 35. This is a decrease of -70.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $172,000 | -20.0% |
Listing Count | 18 | 68.0% |
| Listings as % of Homes | 0.5% | 68.0% |
Days on Market | 35 | -70.0% |
Demographics — New Bethlehem, PA
As of the latest ACS Survey released in 2023, New Bethlehem, PA has a population of 4,330, which has remained stable by -0.5% over the past 5 years. New Bethlehem, PA is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,330 | -0.5% |
% Under 18 | 21.9% | 15.3% |
% Seniors | 22.0% | -7.9% |
% WFH | 11.4% | 123.5% |
% w/ College Degree | 18.6% | 12.7% |
As of the latest ACS Survey released in 2023, New Bethlehem, PA is a predominantly white area, with 97.9% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in New Bethlehem, PA is hispanic, making up 0.4% of the population. Foreign-born residents account for 0.6% of the population in New Bethlehem, PA, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.9% | -0.3% |
% Black | 0.3% | 50.0% |
% Hispanic | 0.4% | -60.0% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 0.6% | 100.0% |
Mortgage and Risk — New Bethlehem, PA
According to HUD data as of 2023, there were 62 mortgage originations in New Bethlehem, PA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in New Bethlehem, PA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 62 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — New Bethlehem, PA
New Bethlehem, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 97 |
Total Units Section 8 | 97 |
% Rentals under Section 8 | 20.1% |
% Occupied Section 8 | 91.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,130 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — New Bethlehem, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $125,000 |
| Median Household Income | $54,700 |