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

$173,500

  • -2.3% 1-year change
  • -0.8% 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 $173,500. Allentown Metro home values have declined -2.3% over the past year and Zillow predicts they will fall -0.8% within the next year. The median list price per square foot in Allentown Metro is None. The median rent price in Allentown Metro is $1,150, 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 4.1 homes are foreclosed (per 10,000). This is lower than the Pennsylvania value of 4.4 and also greater than the national value of 3.5

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 May 31, 2015
  • $173,500 ZHVI
  • -0.8% 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
    (May 31, 2016)
  • No data Median listing price
  • $167,650 Median sale price
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Allentown Metro Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • 139 Average days on Zillow (Apr 30, 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)

4.1 homes Allentown Metro
4.4 homes Pennsylvania
3.5 homes 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 May 31, 2015
  • No recent data Median list price / sq ft
  • $110 Median sale price / sq ft
  • No data Listings with price cut
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Allentown Metro Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,414 Allentown Metro
    $1,226 Pennsylvania
    $1,367 United States

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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,150 Rent list price
  • $0.92 Rent list price / sq ft
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