Lehigh County, Pennsylvania Housing Market

In Lehigh County, Pennsylvania, the median home value is $300,400, with a median monthly rent of $1,383. This places Lehigh County at #622 nationally out of 3134 counties by median home value, and #8 within Pennsylvania.

Median Home Value $300,400
Median Rent $1,383/mo
Owner Occupancy 65.6%
Price/Rent Ratio 18.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Lehigh County rose +6.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

186,142
jobs (private sector)
  • Avg weekly wage: $1,405
  • Establishments: 8,823
  • BLS QCEW, 2025
🏗️

Housing Supply

394
new units authorized (2025)
  • Single-family: 386
  • Multi-family: 8
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3822
net migration (filers, 2021-2022)
  • Inflow: 165,106 (avg $87,419)
  • Outflow: 161,284 (avg $87,953)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Lehigh County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 18053 274.2 -2.44% 2025
2 18102 411.9 +7.68% 2025
3 18080 286.1 +15.46% 2025
4 18106 276.7 +4.42% 2025
5 18109 332.1 +7.27% 2025
6 18034 237.2 -2.59% 2025
7 18104 284.1 +6.47% 2025
8 18015 295.2 +5.25% 2025
9 18052 285.5 +6.90% 2025
10 18032 283.5 +1.55% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Lehigh County Compares

MetricLehigh CountyPennsylvania AverageU.S. Average
Median Home Value $300,400 $212,079 $227,706
Median Gross Rent $1,383 $990 $968
Owner Occupancy Rate 65.6% 74.2% 73.3%
Price/Rent Ratio 18.1 17.5 18.7

Market Analysis

The median home value in Lehigh County is 41.6% above the Pennsylvania state average and 31.9% above the U.S. national average. The median rent of $1,383/month is 39.7% above the state average.

With a price-to-rent ratio of 18.1, the buy-vs-rent decision in Lehigh County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Lehigh County has an owner-occupancy rate of 65.6%, compared to 74.2% in Pennsylvania and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Bannock County Idaho $300,700 $960
Vilas County Wisconsin $300,000 $847
Pasco County Florida $300,900 $1,505
Okanogan County Washington $299,800 $887
Woodford County Kentucky $299,700 $1,138

Other Counties in Pennsylvania

CountyMedian Home ValueMedian RentOwner Occ.
Lancaster County $301,100 $1,357 69.8%
Butler County $294,200 $1,041 76.9%
Northampton County $308,600 $1,395 71.1%
Cumberland County $277,600 $1,249 71.3%
Centre County $323,500 $1,207 61.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).