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Allentown, PA—18109

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$262,000
5.9% YoY Growth
Household Income
$55,400
22.8% YoY Growth
Days on Market
45
142.0% Longer YoY
Home Price Forecast
3.4%
Median Rent
$1,750
2.4% YoY Growth
1-Bed Rent
$1,450
1.4% YoY Growth
2-Bed Rent
$1,700
7.9% YoY Growth
3-Bed Rent
$2,000
4.8% YoY Growth

Other Zip Codes in Allentown, PA

1810318101181041810218106
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Allentown, PA

As of Dec '25, the median home price in Allentown, PA is $262,000, with a year-over-year change of 5.9%. This indicates that home prices in Allentown, PA are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$262,0005.9%
Single Family $262,0005.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$228,0006.0%
    3 Bed
    		$265,0006.0%
    4 Bed
    		$302,0004.5%
    5 Bed $258,4744.5%
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    % of Housing Stock

    Studio
    1.5%
    1 Bedroom
    15.6%
    2 Bedrooms
    25.7%
    3 Bedrooms
    44.2%
    4 Bedrooms
    8.5%
    5+ Bedrooms
    4.6%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,750$1,730
    Studio Rent N/AN/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/AN/A
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    % of Rental Stock

    Studio
    2.8%
    1 Bedroom
    29.1%
    2 Bedrooms
    36.7%
    3 Bedrooms
    24.6%
    4 Bedrooms
    4.0%
    5+ Bedrooms
    2.8%

    Property Listings — Allentown, PA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Allentown, PA is 45. This is a increase of 44.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$276,000-1.0%
    Listing Count
    		2372.0%
    Listings as % of Homes0.2%72.0%
    Days on Market
    		45142.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		18,1002.7%
    % Under 18
    		25.3%14.0%
    % Seniors
    		15.4%10.8%
    % WFH
    		5.5%205.6%
    % w/ College Degree
    		19.5%42.3%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$260$1,450$1,190
    2 Bedroom-$220$1,700$1,480
    3 Bedroom-$110$2,000$1,890
    4 BedroomN/AN/A$1,970

    Affordability — Allentown, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.9
    Median Home Price$262,000
    Median Household Income$55,400

    Allentown, PA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Catasauqua, PA

    18032

    Allentown, PA

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    Bethlehem, PA

    18017

    Frequently Asked Questions