Macungie, PA Home Values & Market Trends

Real estate market trends reflect that there have been 330 transactions over the past year in Macungie. The median value for residential home transactions that occurred over the previous year is $397,932.46. The number of current listings in Macungie is 26, and the percentage of properties for sale in the city is 26.00%. Macungie, PA currently has 7 properties in foreclosure, 0 bank owned properties, 6 properties headed for auction, and 26 properties for sale.

Macungie, PA Real Estate Market Overview

ZipMedian Est. Value
18062

$ 427,360

$ 178/sqft

Housing Market Summary for Macungie, PA

Apr 2023March 2024Change
Median Listing Price$425.9K$374.2K-12.14%
Median Sold Price$373.3K$374.2K0.24%
Homes For Sale141614.29%
Homes Sold162149-8.02%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Macungie, PA

Macungie home values range from $39,356 to $28,037,593. The median estimated value of a home in Macungie is $397,932.46. The median list price of a home is 468,250, and the total count of properties in the city is 9,202.

Foreclosure
There is 1 zips within Macungie, PA; within this zips, the median estimated home value for homes in foreclosure ranges from $536,220 in 18062 to the lowest value of $334,000 in 18062. Foreclosure homes account for 0.00% of properties in Macungie, PA with 18062 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in Macungie, PA with 18062 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Macungie, PA; of that zips, the estimated home value for pre-foreclosure homes ranges from $334,000 in 18062 to the lowest home value of $334,000 in 18062.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Macungie, PA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Macungie, PA. There is 1 zips within Macungie, PA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    18062 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Macungie, PA. Auction homes and other auction properties account for 0.07% of all properties in Macungie, PA. There is 1 zips within Macungie, PA; of that zips, the median estimated home value for homes going to auction ranges from $536,220 in 18062 to the lowest value of $335,252 in 18062.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.28% of residential properties in Macungie, PA with 18062 containing 26 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Macungie, PA; homes for sale in that zips, have a range of median values from $799,900 in 18062 to the lowest value of $204,403 in 18062.
    Sold Homes
    The median value for recently sold homes ranges from $802,480 in 18062 to the lowest price of $137,760 in 18062. There is 1 zips within Macungie, PA. 18062 has 158 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.72% of properties in Macungie, PA.

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      Guide for Macungie, PA

      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      Recently Listed Homes Macungie, PA

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