Allentown Real Estate Market Extends Growth Trend in Price Cuts

The number of sellers reducing prices in the Allentown market trended up to eight over the last 30 days, extending a three-week streak. During the same period, four sales were completed. As the lowering of listing prices trended higher, sale prices themselves have been increasing. The median sales price hit $145,500, extending a four-week long spike. Along with the slip in sales, a relatively high 12 months of inventory indicates that Allentown is a definite buyer's market.

If there is no limit to how much you want to spend, take a look at these lavish homes in Allentown:

$998K   $499K   $435K  

Get started right now by checking out Allentown homes for sale or reviewing Allentown real estate trends.

Demographic facts for Allentown:

  • The rating for this area for population growth is 58. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 376.5 physicians.
  • The area's health cost index score is 103.0. (100 = national average)
  • 69.9% of the residents travel to work in an automobile, 14.0% via carpool, and 6.8% by way of public transit.

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
RE/MAX ACHIEVERS
11 reviews
Tsbproperty
Snapped 1 home in this area
Better Homes & Gardens Real Estate Cassidon Realty
Snapped 3 homes in this area

Agents that specialize in this area
5 snaps in this area
1 snap in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.