Allentown - PA housing market
The Allentown metro has a typical home value of $363,989, up 3.0% from a year ago. Homes are moving fast at 8 days on market - a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($363,989) is the Zillow Home Value Index for the Allentown - PA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 3.0% over the past year. In Allentown - PA, that means a home worth $353,387 last year is now worth roughly $363,989.
The median sale price , what homes actually close for , is $332,650. Homes are selling at 100.1% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Allentown - PA sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.
About 15.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 960 new listings hit the market each month in Allentown - PA. There are currently 1,938 homes for sale, up 6.0% from a year ago.
The typical monthly rent in Allentown - PA is $1,857, up 3.7% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in PA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Philadelphia - PA | $390,463 | +2.5% | 9.0d |
| Pittsburgh - PA | $231,356 | +0.8% | 9.0d |
| Harrisburg - PA | $312,126 | +3.5% | 7.0d |
| Scranton - PA | $227,793 | +1.0% | 14.0d |
| Lancaster - PA | $388,207 | +4.6% | 5.0d |
| York - PA | $309,967 | +3.6% | 6.0d |