The housing market in Allentown, PA (18101) is strong and thriving. The median value of a home in this area is $134,400, which is much lower than the US median value of $338,100. Despite the lower cost of housing relative to other areas in the country, Allentown has seen an impressive annual appreciation rate of 16.09%. This is significantly higher than the 8.27% US average for one-year housing appreciation rate. With such a strong market and significant appreciation, Allentown is an ideal place for those looking to invest in real estate or purchase a new home.
The median home cost in Allentown (zip 18101) is $134,400. Home appreciation the last 10 years has been 80.9%. Home Appreciation in Allentown (zip 18101) is up 18.4%.
Average Age of Homes
- The median age of Allentown (zip 18101) real estate is 78 years old
The Rental Market in Allentown (zip 18101)
- Renters make up 77.5% of the Allentown (zip 18101) population
- 5.6% of houses and apartments in Allentown (zip 18101), 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.