The housing market in Allentown, PA (18102) has seen an impressive increase in median value over the last year. The median value of houses in this zip code is $160,000, which is less than half of the US House Median Value of $338,100. The US 1 year House Appreciation has been 8.27%, but the appreciation rate for Allentown was 16.09%, nearly double that national rate. This trend indicates that Allentown is a desirable location for potential homeowners seeking affordability and value growth in their investments.
The median home cost in Allentown (zip 18102) is $160,000. Home appreciation the last 10 years has been 80.9%. Home Appreciation in Allentown (zip 18102) is up 18.4%.
Average Age of Homes
- The median age of Allentown (zip 18102) real estate is 78 years old
The Rental Market in Allentown (zip 18102)
- Renters make up 57.6% of the Allentown (zip 18102) population
- 3.6% of houses and apartments in Allentown (zip 18102), 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.