May 2026 Regional Housing Market Report

Spring selling season is in full swing across the communities Coldwell Banker Hearthside calls home. From the rolling hills of Berks County to the shore towns of Ocean County, New Jersey, and from the Lehigh Valley to the Pocono Mountains, local housing markets are telling slightly different stories this month — some still favoring sellers with tight inventory, others seeing a welcome uptick in choices for buyers. Here’s a look at how each of our service areas performed in May 2026, based on the latest data from Bright MLS, the Greater Lehigh Valley REALTORS®, and regional market reporting.

Berks County, PA

Berks County closed 376 home sales in May, up 8.0% from a year ago, while the median sold price climbed to $307,450, a 2.8% increase. Homes are moving fast, with a median of just 6 days on market, and active listings remain lean at 406 — keeping competition high for well-priced homes. With only 1.17 months of supply, this remains a strong seller’s market.

Bucks County, PA

Bucks County saw 524 closed sales in May, a 2.1% gain year-over-year, alongside a notable 8.8% jump in median sold price to $546,000. Active listings rose 17.1% to 947, giving buyers a bit more breathing room than last spring, though the 1.83 months of supply still points to a market favoring sellers.

Chester County, PA

Chester County recorded 503 closed sales in May, down 3.1% from last year, with the median sold price holding nearly steady at $555,000. New listings jumped 17.4% and active inventory grew nearly 15%, a meaningful shift that’s giving buyers more options after several tight years in this sought-after market.

Montgomery County, PA

Montgomery County logged 733 closed sales in May, a slight 2.5% dip year-over-year, while the median sold price rose 1.8% to $485,000. Homes continue to sell quickly at a median of 6 days on market, and active listings grew 6.7% to 1,171 — a market that remains competitive but is loosening modestly.

Philadelphia County, PA

Philadelphia saw 1,219 closed sales in May, down 7.9% from a year ago, with the median sold price easing 3.3% to $295,000. At 4.02 months of supply, Philadelphia offers more balance than the surrounding suburban counties, giving buyers comparatively more negotiating room while sellers still benefit from a median 19 days on market.

Hunterdon County, NJ

Hunterdon County’s smaller market posted 18 closed sales in May, down slightly from last year, but the median sold price surged 12.0% to $840,000. New listings fell sharply (down 35.1%) and active inventory dropped 20.8% to just 42 homes, underscoring how limited supply continues to push prices higher in this premium market.

Mercer County, NJ

Mercer County saw 255 closed sales in May, a 5.9% decrease year-over-year, with the median sold price dipping slightly to $471,250. On the bright side for buyers, new listings rose 23.2% and active inventory grew nearly 20% to 675 homes, signaling more choices ahead even as days on market ticked up to 18.

Ocean County, NJ

Ocean County recorded 177 closed sales in May, down 10.2% from last year, while the median sold price jumped an impressive 9.1% to $600,000. Active listings grew 3.6% and new listings rose 6.3%, but with just under 3 months of supply, well-priced homes are still commanding strong offers.

Somerset County, NJ

Somerset County held steady at 21 closed sales in May, flat compared to last year, but the median sold price climbed sharply, up 11.7% to $809,957. Active inventory rose 22.4% to 60 homes, giving buyers more to consider in this competitive, higher-priced corner of New Jersey.

Lehigh Valley, PA (Lehigh & Northampton Counties)

The Lehigh Valley saw 528 closed sales in May, down 2.4% year-over-year, while the median sales price rose a strong 8.7% to $375,000. Inventory remains tight at just 1.3 months of supply, and homes received an average of 101.6% of list price — a clear sign sellers continue to hold the advantage, even as days on market ticked up slightly to 20.

The Poconos

The Poconos market showed continued price growth in May, with the median sale price for sold homes up 10.08% year-over-year to $325,500, and the median list price for active homes rising 5.59% to $359,000. Homes are selling faster too, with median cumulative days on market down 25% to just 15 days — a sign of sustained buyer demand in this popular mountain getaway and full-time living destination.

Whether You’re Buying or Selling, We’re Here to Help

From the suburbs of Philadelphia to the Jersey Shore, the Lehigh Valley, and the Poconos, Coldwell Banker Hearthside proudly serves communities across Berks, Bucks, Chester, Montgomery, and Philadelphia Counties in Pennsylvania, the Lehigh Valley and Pocono regions, and Hunterdon, Mercer, Ocean, and Somerset Counties in New Jersey. Market conditions can shift quickly from one town to the next, and our agents bring the local expertise to help you navigate it — whether you’re ready to list your home or find your next one. Reach out to a Coldwell Banker Hearthside agent today to talk through your goals and get started.