Allenwood—08720
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Allenwood
As of Nov '25, the median home price in Allenwood is $956,000, with a year-over-year change of 1.4%. This indicates that home prices in Allenwood are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $956,000 | 1.4% |
| Single Family | $956,000 | 2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $806,000 | 0.5% |
4 Bed | $1,000,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Allenwood
Allenwood lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,200 | $3,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Allenwood
As of Nov '25, Realtor.com reports that the median days on market for a home in Allenwood is 53. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $956,000 | 4.0% |
Listing Count | 5 | 27.0% |
| Listings as % of Homes | 1.4% | 27.0% |
Days on Market | 53 | -19.0% |
Demographics — Allenwood
As of the latest ACS Survey released in 2023, Allenwood has a population of 774, which has remained stable by 0.5% over the past 5 years. Allenwood is a moderately popular place for families, as children make up 15.1% of the population. The area has a moderately educated workforce, with 43.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 774 | 0.5% |
% Under 18 | 15.1% | -41.2% |
% Seniors | 25.3% | -14.2% |
% WFH | 1.5% | -79.2% |
% w/ College Degree | 43.3% | -14.4% |
As of the latest ACS Survey released in 2023, Allenwood is a predominantly white area, with 91.2% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Allenwood is black, making up 3.1% of the population. Foreign-born residents account for 2.3% of the population in Allenwood, and this percentage has decreased by 64.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.2% | -7.1% |
% Black | 3.1% | 121.4% |
% Hispanic | 0.0% | -100.0% |
% Asian | 2.3% | ∞% |
% Foreign Born | 2.3% | -64.6% |
Mortgage and Risk — Allenwood
Allenwood lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Allenwood
Allenwood lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,590 |
| 2 Bedroom | N/A | N/A | $1,970 |
| 3 Bedroom | -$580 | $3,200 | $2,620 |
| 4 Bedroom | N/A | N/A | $2,920 |
Affordability — Allenwood
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $956,000 |
| Median Household Income | $218,000 |