Allentown, PA Housing Market
The Allentown housing market is very competitive. Homes in Allentown receive 5 offers on average and sell in around 10 days. The median sale price of a home in Allentown was $240K last month, up 13.2% since last year. The median sale price per square foot in Allentown is $150, down 3.8% since last year.
Allentown Housing Market Trends
In March 2024, Allentown home prices were up 13.2% compared to last year, selling for a median price of $240K. On average, homes in Allentown sell after 10 days on the market compared to 12 days last year. There were 82 homes sold in March this year, down from 89 last year.
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How hot is the Allentown housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 11 days.
- Hot homescan sell for about 4% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 10 days.
- Hot homescan sell for about 5% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 6 days.
- Hot homescan sell for about 4% above list price and go pending in around 4 days.
Allentown Migration & Relocation Trends
- Across the nation, 0.34% of homebuyers searched to move into Allentown from outside metros.
- New York homebuyers searched to move into Allentown more than any other metro followed by Philadelphia and Washington.
- 62% of Allentown homebuyers searched to stay within the Allentown metropolitan area.
- Salisbury was the most popular destination among Allentown homebuyers followed by Orlando and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 982 | ||
2 | 895 | ||
3 | 25 | ||
4 | 16 | ||
5 | 15 | ||
6 | 4 | ||
7 | 3 | ||
8 | 3 | ||
9 | 2 | ||
10 | 2 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 81 | ||
2 | 64 | ||
3 | 54 | ||
4 | 50 | ||
5 | 46 | ||
6 | 44 | ||
7 | 35 | ||
8 | 34 | ||
9 | 33 | ||
10 | 23 |
Home offer insights for Allentown
Recent offers
View houses in Allentown that sold recently
Recently sold homes
- $295,000 Last Sold Price5 beds3 baths2,316 sq ft614 8Th St, Allentown City, PA 18102-2303List Price$295,000Sale to List0% over listDays on Market50 days614 8Th St, Allentown City, PA 18102-2303
- $470,000 Last Sold Price3 beds2.5 baths1,958 sq ft1446 Stoneridge Rd, South Whitehall Twp, PA 18104List Price$425,000Sale to List11% over listDays on Market35 days1446 Stoneridge Rd, South Whitehall Twp, PA 18104
- $280,000 Last Sold Price3 beds1.5 baths1,314 sq ft2552 S 6th St, Allentown City, PA 18103List Price$274,999Sale to List2% over listDays on Market32 days2552 S 6th St, Allentown City, PA 18103
- $115,000 Last Sold Price3 beds1 bath1,142 sq ft944 Oak St, Allentown City, PA 18102-3923List Price$119,900Sale to List4% under listDays on Market7 days944 Oak St, Allentown City, PA 18102-3923
- $155,000 Last Sold Price4 beds1 bath1,080 sq ft935 Monroe St, Allentown City, PA 18102-3232List Price$155,000Sale to List0% over listDays on Market33 days935 Monroe St, Allentown City, PA 18102-3232
- $525,000 Last Sold Price4 beds2.5 baths2,194 sq ft6013 Helen Dr, Upper Macungie Twp, PA 18104-9536List Price$550,000Sale to List5% under listDays on Market57 days6013 Helen Dr, Upper Macungie Twp, PA 18104-9536
- $840,000 Last Sold Price4 beds4 baths6,714 sq ft2743 Coventry Cir, Allentown, PA 18103(610) 770-9000List Price$875,000Sale to List4% under listDays on Market69 days2743 Coventry Cir, Allentown, PA 18103
- $170,000 Last Sold Price3 beds1 bath1,328 sq ft1239 W Tilghman St, Allentown City, PA 18102-2135List Price$185,000Sale to List8% under listDays on Market38 days1239 W Tilghman St, Allentown City, PA 18102-2135
See all recently sold homes in Allentown.
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Schools in Allentown
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Kratzer School Public • K-5 | 479 Students | 3 reviews |
8/10 Cetronia School Public • K-5 | 485 Students | 6 reviews |
7/10 Lehigh Park El School Public • K-5 | 300 Students | 2 reviews |
6/10 Ritter El School Public • K-5 | 427 Students | 2 reviews |
6/10 Hiram W Dodd El School Public • K-5 | 632 Students | 4 reviews |
Climate's impact on Allentown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Allentown.
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Wind likelihood over time
Heat Factor - Major
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Transportation in Allentown
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