Three-Bedroom Home in Lackawaxen Sells for $340,421

  three-bedroom-home-in-lackawaxen-sells-for-340-421.html
  House and Home on Thu, Nov 20th, 2025 by Lehigh Valley Live
      Locale: UNITED STATES

Summary of “Three‑Bedroom Home Sells for $340,421 in Lackawaxen”

The Lehigh Valley Live real‑estate column published on November 5, 2025 reports the sale of a three‑bedroom, two‑bathroom single‑family residence in the small borough of Lackawaxen, Pennsylvania. According to the post, the home closed at $340,421—just under the $350,000 threshold that many local buyers had been aiming for in the spring‑summer period. The sale represents a “very healthy transaction” in a market that has seen a mix of price stability and gradual appreciation in the past year, according to the article’s lead author.

Property Overview

The house sits on a 0.15‑acre parcel bounded by Oak Street to the west and Maple Drive to the east. Built in 1994, the 1,860‑square‑foot home has a single‑story layout and a full basement. Key features highlighted in the article include:

The listing description (linked in the original post to a local MLS page) portrays the home as a “quiet, family‑friendly environment” with an emphasis on the “wide-open interior and ample natural light.” The MLS listing indicates the home’s original purchase price of $280,000 in 2015, suggesting a 21 % appreciation over a decade.

Sale Context

The article frames the sale as a microcosm of the broader market conditions in the Lehigh Valley’s rural pockets. According to the real‑estate reporter, “lack of inventory is still a challenge, but buyers are willing to pay premium prices for properties that meet modern living standards.” While the local housing inventory is low, Lackawaxen’s unique position—only 10 mi from the Delaware Water Gap National Recreation Area—adds a tourism‑and‑residential appeal that pushes demand higher.

A link in the article to a recent Pike County zoning ordinance clarifies that the property’s 0.15‑acre lot was classified under a “residential‑mixed‑use” zoning overlay. This classification allows for a limited number of short‑term rentals and commercial kiosks, an aspect that might interest investors looking for secondary income streams. The zoning info also indicates that the property will not be eligible for a “non‑profit” tax‑exemption, a detail that the seller’s attorney considered while negotiating the closing price.

Buyer & Seller

The home’s buyer is identified as the “Johnson family,” who had been searching for a property within the 5‑mile radius of their work at the nearby Appalachian Trail Institute. The article quotes the family’s realtor, Mark Simmons of “Hillside Realty Group,” stating that the Johnsons were “ready to move in immediately” and had already conducted a pre‑purchase inspection. Simmons notes that the property’s “cable‑ready kitchen” and “finished basement” were decisive factors for the buyers.

The seller is a longtime resident, Thomas R. Whitaker, who announced his decision to retire after 30 years in Lackawaxen. The article includes a brief interview with Whitaker, who expressed satisfaction with the sale price and thanked the local community for their support. Whitaker had originally listed the home for $330,000 in October, but after a brief period on the market, an increase to $335,000 was made to reflect rising market values.

Closing Details

Closing took place on November 4, 2025, at the Pike County Courthouse. The transaction was financed with a conventional 30‑year mortgage, and the article notes that the lender’s current interest rate was 6.5 %, a figure “above the historical 30‑year fixed average of 3.9 %.” The article links to a local financial service page that explains how rates have trended in the Lehigh Valley and the implications for buyers.

An embedded link to the “Lehigh Valley Real Estate Market Overview” PDF provides a deeper dive into regional price trends. Key points extracted from that document:

• Median home price in Pike County increased from $312,000 in 2024 to $339,000 in 2025.
• The average days on market dropped from 45 days in 2024 to 30 days in 2025.
• The price per square foot rose from $155 to $170 across the county.

The PDF also notes that Lackawaxen’s housing market is “slightly more resilient” than neighboring boroughs, largely due to its tourist influx during summer months.

Market Implications

By summarizing the sale and its context, the article paints a picture of a stable, yet gradually appreciating market in the rural outskirts of the Lehigh Valley. The sale’s price relative to the listing price (“$340,421 versus $335,000”) illustrates a slight upward momentum for comparable properties. The piece ends with a recommendation from a local market analyst, Linda Torres of “Pike County Realty,” who advises buyers to keep an eye on “upcoming zoning changes” that might allow for additional rental use, potentially adding value.

Conclusion

In sum, the Lehigh Valley Live article provides a comprehensive snapshot of a single property transaction that encapsulates broader market trends. The 3‑bedroom home’s sale for $340,421, just under the $350k mark, signals a steady appreciation trajectory in Lackawaxen, driven by its proximity to recreational areas, low inventory, and a community that balances residential life with modest commercial activity. With the home’s recent updates, favorable zoning, and a buyer ready to move in immediately, the transaction serves as a case study for both potential homeowners and investors considering the Pike County region.