Is New Bethlehem, PA 16242 a buyer’s or seller’s market?
New Bethlehem is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The New Bethlehem housing market right now
In the three months ending August 31, 2026, 0% of homes in New Bethlehem, PA 16242 sold above their list price, the typical home went under contract in 59 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (54 days then) and the median sale price rose 43% to $147,436. Overall, New Bethlehem is less competitive than a year ago, which gives buyers more room.
Within Clarion County, homes here sell faster than in 64% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Sligo 16255 (40% sold over asking) and Knox 16232 (25% sold over asking) are even more competitive.
Run the numbers for 16242
Nearby markets
Callensburg 16213 — /sq ftClarion 16214Buyer’s market $107 /sq ftFairmount City 16224 — /sq ftFryburg 16326 $170 /sq ft Browse all markets →Towns like New Bethlehem nearby
Find towns like New Bethlehem in other states →Where New Bethlehem is
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Questions about New Bethlehem real estate
Is New Bethlehem a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in New Bethlehem, PA 16242 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in New Bethlehem?
The typical home went under contract in 59 days in the latest three months.
Do homes in New Bethlehem sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.
What are property taxes in New Bethlehem?
About 0.97% of a home’s value a year in Clarion County, or roughly $3,880 on a $400,000 home.
What is the median home price in New Bethlehem?
The median sale price was $147,436 in the three months ending August 31, 2026, about $79 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology