Allentown, PA—18109
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Allentown, PA
As of Oct '25, the median home price in Allentown, PA is $262,000, with a year-over-year change of 5.8%. This indicates that home prices in Allentown, PA are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $262,000 | 5.8% |
| Single Family | $263,000 | 6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $229,000 | 6.0% |
3 Bed | $266,000 | 6.0% |
4 Bed | $302,000 | 4.5% |
| 5 Bed | $258,000 | 4.5% |
% of Housing Stock
Rental Trends — Allentown, PA
As of July '25, Rentcast reports the average rent in Allentown, PA is $1,730, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in Allentown, PA is 1-bedrooms: $1,490, 2-bedrooms: $1,640, 3-bedrooms: $1,970. The most common rental property sizes in Allentown, PA are 2-bedroom and 1-bedroom, accounting for 36.7% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,490 |
| 2 Bed Rent | $1,700 | $1,640 |
| 3 Bed Rent | $2,000 | $1,970 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Allentown, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Allentown, PA is 31. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $276,000 | -4.0% |
Listing Count | 29 | 102.0% |
| Listings as % of Homes | 0.2% | 102.0% |
Days on Market | 31 | 1.0% |
Demographics — Allentown, PA
As of the latest ACS Survey released in 2023, Allentown, PA has a population of 18,100, which has increased by 2.7% over the past 5 years. Allentown, PA is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,100 | 2.7% |
% Under 18 | 25.3% | 14.0% |
% Seniors | 15.4% | 10.8% |
% WFH | 5.5% | 205.6% |
% w/ College Degree | 19.5% | 42.3% |
As of the latest ACS Survey released in 2023, Allentown, PA is a predominantly hispanic area, with 54.7% of the population identifying as hispanic. The hispanic population has grown by 21.3% in the last 5 years. The second most common race or ethnicity in Allentown, PA is white, making up 32.7% of the population. Foreign-born residents account for 21.6% of the population in Allentown, PA, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 32.7% | -19.3% |
% Black | 9.2% | -36.6% |
% Hispanic | 54.7% | 21.3% |
% Asian | 1.8% | 63.6% |
% Foreign Born | 21.6% | 12.5% |
Mortgage and Risk — Allentown, PA
According to HUD data as of 2023, there were 231 mortgage originations in Allentown, PA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Allentown, PA. Investor activity is low, as 6.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 231 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Allentown, PA
Allentown, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 508 |
Total Units Section 8 | 370 |
% Rentals under Section 8 | 11.5% |
% Occupied Section 8 | 76.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,450 | $1,190 |
| 2 Bedroom | -$220 | $1,700 | $1,480 |
| 3 Bedroom | -$110 | $2,000 | $1,890 |
| 4 Bedroom | N/A | N/A | $1,970 |
Affordability — Allentown, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $262,000 |
| Median Household Income | $55,400 |