PA · Metro #70

Allentown - PA housing market

The Allentown metro has a typical home value of $368,621, up 3.2% from a year ago. Homes are moving fast at 9 days on market, a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$368,621
+3.2% vs. year ago
Median sale price
$341,907
+4.0% YoY
Median list price
$376,600
Sale-to-list ratio
101.2%
Selling above ask
Days on market
9d
Listings w/ price cut
18.9%
New listings / mo
1,001
+5.8% YoY
Homes for sale
2,202
+7.1% YoY
Typical rent
$1,873/mo
+3.2% YoY
Rent vs buy
16.4x
Context

How to read this data

The typical home value ($368,621) 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 3.2% over the past year. In Allentown - PA, that means a home worth $357,191 last year is now worth roughly $368,621.

The median sale price, what homes actually close for, is $341,907. Homes are selling at 101.2% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Allentown - PA sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.

About 18.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,001 new listings hit the market each month in Allentown - PA. There are currently 2,202 homes for sale, up 7.1% from a year ago.

The typical monthly rent in Allentown - PA is $1,873, up 3.2% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.4x, toss-up (#116 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $1,905 a month in principal and interest, $32 more than renting before taxes, insurance and upkeep. The two break even at a 6.55% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in PA

MetroHome value1-yr changeDays on market
Philadelphia - PA$392,329 +2.5% 12.0d
Pittsburgh - PA$231,708 +0.3% 11.0d
Harrisburg - PA$312,861 +3.1% 8.0d
Scranton - PA$230,799 +1.9% 13.0d
Lancaster - PA$390,025 +4.6% 6.0d
York - PA$312,066 +3.2% 6.0d
Get new posts in your inbox. No spam, unsubscribe anytime.