{"id":247675,"date":"2026-07-20T13:47:09","date_gmt":"2026-07-20T13:47:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/247675\/"},"modified":"2026-07-20T13:47:09","modified_gmt":"2026-07-20T13:47:09","slug":"lehigh-valley-median-home-price-hits-record-high","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/247675\/","title":{"rendered":"Lehigh Valley median home price hits record high"},"content":{"rendered":"<p>The Lehigh Valley home market remained tight in June, resulting in a record high median price of $385,000, the Greater Lehigh Valley Realtors reported.<\/p>\n<p>That\u2019s a 4.1% increase from the previous high of $375,000 set in July 2025 and this past May.<\/p>\n<p>\u201cJune\u2019s numbers show that buyers remain engaged even as affordability and limited inventory continue to shape the market,\u201d said GLVR CEO Justin Porembo. \u201cPending sales rose 8% and new listings increased, but the supply of available homes remains exceptionally tight at just 1.4 months.<\/p>\n<p>\u201cThat imbalance continues to place upward pressure on prices and underscores the need for policies that support the creation of more housing at a range of price points,\u201d he said.<\/p>\n<p>Despite the higher prices, homes are sold quickly, sitting on the market an average of 19 days. Inventory was at 757, a 4.9% drop over the year, while the months supply of inventory of 1.4 months indicated a sellers\u2019 market.<\/p>\n<p>New listings were up 2.8% over the year to 853 and pending sales increased 8% to 792.<\/p>\n<p>The National Association of Realtors said the national median price was a record $429,300, a 1.3% increase over the year. Supply was at 1.55 million, a 3.3% increase.<\/p>\n","protected":false},"excerpt":{"rendered":"The Lehigh Valley home market remained tight in June, resulting in a record high median price of $385,000,&hellip;\n","protected":false},"author":2,"featured_media":111041,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[119,121,120,60,433,157,434,28,1081,432],"class_list":["post-247675","post","type-post","status-publish","format-standard","has-post-thumbnail","category-allentown","tag-allentown","tag-allentown-headlines","tag-allentown-news","tag-business","tag-lehigh-county","tag-lehigh-valley","tag-northampton-county","tag-pennsylvania","tag-real-estate","tag-top-stories-tmc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/247675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=247675"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/247675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/111041"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=247675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=247675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=247675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}