The housing market in Allentown, PA, zip code 18106 is flourishing. According to recent data, the median value of homes in this area is $352,000 - significantly higher than the national median value of $338,100. Furthermore, the one year house appreciation rate here is an impressive 16.09%, much more than the US average of 8.27%. This suggests that not only are home prices steadily rising in Allentown, but they are also increasing at a faster rate than most other areas nationwide.
The median home cost in Allentown (zip 18106) is $352,000. Home appreciation the last 10 years has been 80.9%. Home Appreciation in Allentown (zip 18106) is up 18.4%.
Average Age of Homes
- The median age of Allentown (zip 18106) real estate is 36 years old
The Rental Market in Allentown (zip 18106)
- Renters make up 15.4% of the Allentown (zip 18106) population
- 1.5% of houses and apartments in Allentown (zip 18106), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.