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 $233K last month, up 8.1% 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 April 2024, Allentown home prices were up 8.1% compared to last year, selling for a median price of $233K. On average, homes in Allentown sell after 10 days on the market compared to 9 days last year. There were 84 homes sold in April this year, up from 69 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 10 days.
- Hot homescan sell for about 6% 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 2% above list price and go pending in around 8 days.
- Hot homescan sell for about 5% above list price and go pending in around 5 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 3% 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
- $270,000 Last Sold Price3 beds1.5 baths1,320 sq ft5600 Wedge Ln, Lower Macungie Twp, PA 18106-9681List Price$274,900Sale to List2% under listDays on Market41 days5600 Wedge Ln, Lower Macungie Twp, PA 18106-9681
- $325,800 Last Sold Price3 beds2 baths1,288 sq ft822 S Edward St, Salisbury Twp, PA 18103List Price$325,000Sale to List0% over listDays on Market45 days822 S Edward St, Salisbury Twp, PA 18103
- $315,000 Last Sold Price3 beds1.5 baths1,906 sq ft1310 N N 16th St, Allentown, PA 18102(610) 770-9000List Price$320,000Sale to List2% under listDays on Market40 days1310 N N 16th St, Allentown, PA 18102
- $345,000 Last Sold Price4 beds2.5 baths1,912 sq ft632 Saint John St, Allentown City, PA 18103-3234List Price$339,900Sale to List2% over listDays on Market77 days632 Saint John St, Allentown City, PA 18103-3234
- $500,000 Last Sold Price4 beds2.5 baths2,142 sq ft5907 Helen Dr, Allentown, PA 18104(484) 519-4444List Price$535,000Sale to List7% under listDays on Market22 days5907 Helen Dr, Allentown, PA 18104
- $362,000 Last Sold Price5 beds2 baths1,794 sq ft1526 SW 31st St, Allentown City, PA 18103List Price$359,900Sale to List1% over listDays on Market72 days1526 SW 31st St, Allentown City, PA 18103
- $405,000 Last Sold Price3 beds1.5 baths1,616 sq ft2502 Tilghman St, Allentown City, PA 18104-4913List Price$369,900Sale to List9% over listDays on Market35 days2502 Tilghman St, Allentown City, PA 18104-4913
- $130,000 Last Sold Price3 beds1 bath816 sq ft218 N Fountain St, Allentown City, PA 18102-3928List Price$124,900Sale to List4% over listDays on Market35 days218 N Fountain St, Allentown City, PA 18102-3928
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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