Bethlehem, PA18020

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$415,000
3.0% YoY Growth
Median Household Income
$123,000
47.7% 5-Year Growth
Days on Market
31
21.0% Longer than last year
Home Price Forecast
2.2%
Median Rent
$2,200
5.5% YoY Growth
1-Bed Rent
$1,800
50.0% YoY Growth
2-Bed Rent
$2,000
5.4% YoY Growth
3-Bed Rent
$2,300
2.9% YoY Growth

Other Zip Codes in Bethlehem, PA

Property Listings — Bethlehem, PA

As of Oct '25, Realtor.com reports that the median days on market for a home in Bethlehem, PA is 31. This is a increase of 21.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$427,0000.0%
Listing Count
5978.0%
Listings as % of Homes0.2%78.0%
Days on Market
3121.0%
Loading chart...

Demographics — Bethlehem, PA

As of the latest ACS Survey released in 2023, Bethlehem, PA has a population of 21,100, which has remained stable by 0.5% over the past 5 years. Bethlehem, PA is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 41.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
21,1000.5%
% Under 18
19.8%4.8%
% Seniors
20.6%7.9%
% WFH
14.0%278.4%
% w/ College Degree
41.8%17.1%
Loading chart...

As of the latest ACS Survey released in 2023, Bethlehem, PA is a predominantly white area, with 70.4% of the population identifying as white. The white population has shrunk by 11.0% in the last 5 years. The second most common race or ethnicity in Bethlehem, PA is hispanic, making up 15.2% of the population. Foreign-born residents account for 9.6% of the population in Bethlehem, PA, and this percentage has increased by 2.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
70.4%-11.0%
% Black
5.6%-9.7%
% Hispanic
15.2%81.0%
% Asian
4.7%11.9%
% Foreign Born
9.6%2.1%
Loading chart...

Mortgage and Risk — Bethlehem, PA

According to HUD data as of 2023, there were 379 mortgage originations in Bethlehem, PA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Bethlehem, PA. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
379
% Conventional Loans
89.0%
% Government Loans
11.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
8.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Bethlehem, PA

As of 2024, the percent of homes in Bethlehem, PA under the Section 8 program is 1.3%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Bethlehem, PA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
18
Total Units Section 8
18
% Rentals under Section 8
1.3%
% Occupied Section 8
69.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$290$1,800$1,510
2 Bedroom-$130$2,000$1,870
3 Bedroom$90$2,300$2,390
4 Bedroom-$310$2,800$2,490

Affordability — Bethlehem, PA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$415,000
Median Household Income$123,000

Bethlehem, PA — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions