Home Values

Allentown Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$173,700

  • -2.3% 1-year change
  • -0.4% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this metro relative to other metros across the US. A particular metro may be identified as a good market for buyers in a national market favorable to sellers overall. Learn more

Very Cold
Buyers' Market
Sellers' Market

The median home value in Allentown Metro is $173,700. Allentown Metro home values have declined -2.3% over the past year and Zillow predicts they will fall -0.4% within the next year. The median rent price in Allentown Metro is $1,200, which is lower than the Pennsylvania median of $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Allentown Metro 4.5 homes are foreclosed (per 10,000). This is lower than the Pennsylvania value of 4.9 and also greater than the national value of 3.8

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Allentown Metro is 8.6%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Allentown Metro homeowners underwater on their mortgage is 18.2%, which is higher than Pennsylvania at 15.0%.

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Relative ZHVI
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Allentown Metro Market Overview

Data through Jun 30, 2015
  • $173,700 ZHVI
  • -0.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • $179,750 Median sale price
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Allentown Metro Market Health

Data through Jun 30, 2015
  • 0.5/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 128 Average days on Zillow (May 31, 2015)
  • 18.2% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 8.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

5 Allentown Metro
5 Pennsylvania
4 United States
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Cities in Allentown Metro

Name Median ZHVI
Upper Macungie $264,600
Upper Saucon Township $254,300
Lower Macungie $245,600
Name Median ZHVI
South Whitehall Township $198,800
Fullerton $154,400
Bethlehem Township $151,500
Name Median ZHVI
Phillipsburg $137,800
Allentown $97,700
Easton $96,400

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $114 Median sale price / sq ft
  • No data Listings with price cut
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Allentown Metro Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,415 Allentown Metro
    $1,220 Pennsylvania
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,200 Rent list price
  • $0.91 Rent list price / sq ft
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