Zip 08501 (Allentown, NJ) Housing

The housing market in Allentown, NJ 08501 is booming. The median value of a home in the area is $554,400, almost double the US median house value of $338,100. Furthermore, the past year has seen remarkable growth with a 16.62% appreciation rate compared to 8.27% nationwide. This means that buyers are eager to purchase property and sellers have higher profits from their homes. It's an exciting time for those looking to buy or sell in Allentown, NJ 08501!

The median home cost in Allentown (zip 08501) is $554,400. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Allentown (zip 08501) is up 18.4%.

Average Age of Homes

- The median age of Allentown (zip 08501) real estate is 34 years old

The Rental Market in Allentown (zip 08501)

- Renters make up 7.1% of the Allentown (zip 08501) population
- 0.0% of houses and apartments in Allentown (zip 08501), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Allentown, New Jersey	United States
	2,497.0	139,647,020.0
	32	42
	$554,400	$338,100
	18.4%	16.6%
	45.9%	57.0%
	62.6%	101.1%
	$20.20	$10.98
	$10,001	$2,690
	90.0%	57.4%
	0.8%	11.2%
	9.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.2%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.2%	11.3%
	1.8%	13.0%
	11.1%	20.1%
	23.4%	13.6%
	22.0%	8.3%
	30.5%	9.7%
	4.1%	3.9%
	4.0%	2.2%
	0.0%	0.8%
	2.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	29.1%	13.6%
	29.1%	13.6%
	16.7%	13.6%
	4.2%	13.2%
	14.0%	14.8%
	16.7%	13.6%
	7.4%	10.0%
	2.6%	4.7%
	19.2%	12.2%

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