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Bethlehem, PA—18015

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$280,000
4.3% YoY Growth
Household Income
$58,500
13.3% YoY Growth
Days on Market
48
2.0% Longer YoY
Home Price Forecast
3.1%
Median Rent
$1,700
4.1% YoY Growth
1-Bed Rent
$1,300
10.4% YoY Growth
2-Bed Rent
$1,800
16.4% YoY Growth
3-Bed Rent
$1,950
4.6% YoY Growth

Other Zip Codes in Bethlehem, PA

180201801818017
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Bethlehem, PA

As of Dec '25, the median home price in Bethlehem, PA is $280,000, with a year-over-year change of 4.3%. This indicates that home prices in Bethlehem, PA are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$280,0004.3%
Single Family $280,0004.1%
Condos $271,0008.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • $214,000
    7.5%
    2 Bed
    $220,0006.3%
    3 Bed
    $266,0004.7%
    4 Bed
    $409,0004.1%
    5 Bed $367,7683.8%
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    % of Housing Stock

    Studio
    3.4%
    1 Bedroom
    16.1%
    2 Bedrooms
    20.0%
    3 Bedrooms
    33.1%
    4 Bedrooms
    18.6%
    5+ Bedrooms
    8.9%

    Rental Trends — Bethlehem, PA

    As of July '25, Rentcast reports the average rent in Bethlehem, PA is $1,790, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Bethlehem, PA is studios: $1,230, 1-bedrooms: $1,380, 2-bedrooms: $1,770, 3-bedrooms: $2,040, 4-bedrooms: $2,130. The most common rental property sizes in Bethlehem, PA are 1-bedroom and 2-bedroom, accounting for 31.6% and 28.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,700$1,790
    Studio Rent $1,300$1,230
    1 Bed Rent $1,300$1,380
    2 Bed Rent $1,800$1,770
    3 Bed Rent $1,950$2,040
    4 Bed Rent $2,000$2,130
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    % of Rental Stock

    Studio
    6.7%
    1 Bedroom
    31.6%
    2 Bedrooms
    28.2%
    3 Bedrooms
    17.9%
    4 Bedrooms
    12.3%
    5+ Bedrooms
    3.3%

    Property Listings — Bethlehem, PA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Bethlehem, PA is 39. This is a decrease of -13.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $626,00028.0%
    Listing Count
    8259.0%
    Listings as % of Homes0.3%59.0%
    Days on Market
    482.0%
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    Demographics — Bethlehem, PA

    As of the latest ACS Survey released in 2023, Bethlehem, PA has a population of 34,300, which has increased by 2.1% over the past 5 years. Bethlehem, PA is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    34,3002.1%
    % Under 18
    17.9%-6.3%
    % Seniors
    13.5%21.6%
    % WFH
    13.1%227.5%
    % w/ College Degree
    30.7%15.4%
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    As of the latest ACS Survey released in 2023, Bethlehem, PA is a predominantly white area, with 52.6% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Bethlehem, PA is hispanic, making up 29.4% of the population. Foreign-born residents account for 11.7% of the population in Bethlehem, PA, and this percentage has increased by 21.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    52.6%-4.4%
    % Black
    10.6%63.1%
    % Hispanic
    29.4%-7.3%
    % Asian
    4.5%2.3%
    % Foreign Born
    11.7%21.9%
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    Mortgage and Risk — Bethlehem, PA

    According to HUD data as of 2023, there were 304 mortgage originations in Bethlehem, PA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Bethlehem, PA. Investor activity is low, as 12.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    304
    % Conventional Loans
    84.0%
    % Government Loans
    16.0%
    % Investor Loans
    12.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    13.0%
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    Rentals and Section 8 — Bethlehem, PA

    As of 2024, the percent of homes in Bethlehem, PA under the Section 8 program is 11.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bethlehem, PA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

    Section 8 Market Size

    Total Units under HUD
    1,078
    Total Units Section 8
    680
    % Rentals under Section 8
    11.6%
    % Occupied Section 8
    79.5%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$100$1,300$1,200
    2 Bedroom-$310$1,800$1,490
    3 Bedroom-$50$1,950$1,900
    4 Bedroom-$20$2,000$1,980

    Affordability — Bethlehem, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.2
    Median Home Price$280,000
    Median Household Income$58,500

    Bethlehem, PA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Bethlehem, PA

    18018

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    Frequently Asked Questions