The Neighborhood 7 housing market is most competitive. The median sale price of a home in Neighborhood 7 was $165K last month, down 2.7% since last year. The median sale price per square foot in Neighborhood 7 is $160, up 40.4% since last year.
What is the housing market like in Neighborhood 7 today?
In March 2024, Neighborhood 7 home prices were down 2.7% compared to last year, selling for a median price of $165K. On average, homes in Neighborhood 7 sell after 6 days on the market compared to 41 days last year. There were 6 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$165,000
-2.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Neighborhood 7, PA
$165,000
-2.7%
United States
To compare other locations to the Neighborhood 7 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Allentown add value to a home.
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How hot is the Neighborhood 7 housing market?
Neighborhood 7 is most competitive. Homes sell in 11 days.
0
100
90
Most Competitive
Redfin Compete Score™
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 12 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 11 days.
Hot homes
can sell for about 6% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Neighborhood 7 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Neighborhood 7.
Risk Factor
Flood Factor - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Neighborhood 7 has a moderate risk of flooding. 92 properties in Neighborhood 7 are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Neighborhood 7. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Neighborhood 7 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Neighborhood 7 is most at risk from hurricanes. 695 properties in Neighborhood 7 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 70 mph.