Allentown, PA metro area Housing Market

Hot Market

Comprehensive housing market data for the Allentown, PA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$345K

4.5% YoY

Days on Market

21 days

0.0% YoY

Active Inventory

1,057

8.2% YoY

Homes Sold

597

1.5% YoY

Hot Market

Homes are selling quickly with strong competition among buyers.

Allentown, PA metro area Market Summary

The Allentown, PA metro area housing market is heating up. As of March 2026, the median home sale price is $345K, up 4.5% year-over-year. Homes are spending a median of 21 days on the market, 0.0% shorter than a year ago.

There are 1,057 homes for sale — 8.2% fewer than last year. With 1.8 months of supply, this is a seller's market. 952 new listings were added during this period, up 11.5% year-over-year.

Homes are selling for 100.0% of their list price on average, indicating buyers are paying above asking. 41.2% of homes sell above their asking price. 25.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

45

Contributing Factors

Months of Supply 1.8
Days on Market 21
Price Drops 25.9%
Sale-to-List Ratio 100.0%
Market Temperature Hot

How This Market Compares

vs. National Median

Median Price (National: $437K) 21.1%
Days on Market (National: 55) 61.8%
Inventory (National: 1,314,690) 99.9%

vs. Pennsylvania Median

Median Price (Pennsylvania: $310K) 11.4%
Days on Market (Pennsylvania: 46) 54.3%

Investor Takeaway

This is a highly competitive market. Be prepared to move quickly and potentially offer above asking price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 21% below the national median, which could indicate stronger cash flow potential.

Allentown, PA metro area Market Trends

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Detailed Market Metrics

Median List Price

$375K

Price per Sq Ft

$190

Sale-to-List Ratio

100.0%

Months of Supply

1.8

Sold Above List

41.2%

Price Drops

25.9%

New Listings

952

11.5% YoY

Pending Sales

836

Off Market in 2 Weeks

55.7%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.