$4,155 Closing Credit*
$349,900
2,094 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: CENTURY 21 Keim Realtors
Is Allentown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Allentown has remained a Seller's Market.
Key Takeaway
Allentown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Allentown, PA
How much do homes in Allentown, PA cost?
Median Sold Price
$290,329
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,454(+13.5%)
Key Takeaway
Homes in Allentown have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Allentown was $290,329 in November 2024, up 13.5% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.2K | $119.5K | -24.0% |
| 2 Bedrooms | $226.2K | $245.5K | +8.5% |
| 3 Bedrooms | $259.1K | $285K | +10.0% |
| 4 Bedrooms | $309.9K | $357K | +15.2% |
| 5+ Bedrooms | $230K | $255K | +10.9% |
Summary: Allentown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Allentown | $255.8K | $290.3K | +13.5% |
| South Whitehall Township | $372.1K | $406.7K | +9.3% |
| Salisbury Township | $335K | $350K | +4.5% |
| Whitehall Township | $310K | $320K | +3.2% |
| Whitehall | $310K | $320K | +3.2% |
Housing Supply in Allentown, PA
How many homes are available in Allentown, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 558 | 455 | -18.5% |
Summary: The Allentown real estate market had 455 homes for sale in November 2024, a 18.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 41 | 29 | -29.3% |
| 3 Bedrooms | 266 | 228 | -14.3% |
| 4 Bedrooms | 173 | 131 | -24.3% |
| 5+ Bedrooms | 77 | 66 | -14.3% |
Summary: The Allentown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 29.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 183 | 122 | -33.3% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
61 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allentown, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 122 homes were sold or pending in Allentown in November 2024, down by 33.3% month-over-month. Of the 122 sold homes, 31% were sold under asking, 19% were sold at asking, and 50% were sold over asking.
Days on Market for Allentown, PA
How long does it take to sell a home in Allentown, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 23 Days | +113.1% |
Summary: Homes in Allentown had an average of 23 days on market in Nov 2024, up by 113.1% compared to last year.
Breakdown of Home Sale Times
95 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Allentown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 122 homes were sold in Allentown; 78% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.