Skip to the content

Allentown housing market: home prices, trends and forecast

Allentown home prices: according to the Zillow Home Value Index, a typical Allentown, Pennsylvania home was worth $315,694 in September 2026, up 3.8% from a year before and the highest monthly figure ever recorded.

Value of a typical home
$315,694
September 2026, Zillow ZHVI
Change over 12 months
Since September 2025, +3.8%.
Change over 10 years
Since September 2016, +124.3%.
Since 2000, multiple
×3.4, starting from $91,983.
Time on the market
40
Realtor.com for the Allentown, PA metro.

Allentown home prices since 2000

Allentown appears as the steel line, while the United States appears as the grey line. The typical Allentown home changed from $91,983 to $315,694 between January 2000 and now, a ×3.43 increase. During those same months, the US recorded ×2.99. The boom high was $172,958 in November 2007; the low was $122,845 in April 2013, with a change of −29.0%.

$50k$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $91,983$366,157$315,694Sep 2026AllentownUnited States$50k$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $92k$366k$316kSep 2026
Typical home values from the Zillow Home Value Index, smoothed and seasonally adjusted. Zillow Research data
January 2000 · $91,983

Allentown median home price by year

Each year averages its twelve monthly values, while 2026 shows the latest month.

YearAllentownChange on the yearUnited States
2000$93,078$125,745
2001$96,141+3.3%$134,899
2002$100,707+4.7%$144,276
2003$107,969+7.2%$155,308
2004$119,433+10.6%$169,891
2005$138,048+15.6%$189,732
2006$161,852+17.2%$206,531
2007$171,551+6.0%$208,449
2008$167,325−2.5%$195,574
2009$155,472−7.1%$177,542
2010$148,683−4.4%$171,462
2011$136,336−8.3%$162,508
2012$127,685−6.3%$161,137
2013$124,667−2.4%$171,420
2014$129,189+3.6%$182,996
2015$129,437+0.2%$192,738
2016$138,459+7.0%$204,509
2017$150,429+8.6%$216,767
2018$165,203+9.8%$230,541
2019$176,956+7.1%$242,088
2020$190,668+7.7%$257,151
2021$222,428+16.7%$295,959
2022$252,840+13.7%$340,014
2023$268,767+6.3%$348,160
2024$288,716+7.4%$359,751
2025$301,025+4.3%$362,959
September 2026$315,694+3.8%$366,157

Current value of an Allentown home bought in any year

This estimate uses an index for a typical home, rather than an appraisal.

The year's figure averages its twelve monthly index values; the current value is September 2026. More choices include the home appreciation calculator.

Are you thinking of selling? Compare local agents through Realtor.com. Advertising disclosure: the site may receive payment for links such as this one, but it never changes any number. Disclosure.

Allentown housing market forecast

For the Allentown, PA metro, Zillow's forecast shows +2.6% over the 12 months beginning September 2026 and +0.8% during the next three months. Using Allentown's typical value of $315,694, the forecast would place it near $323,900 one year on.

Here, Zillow's central estimate for the metro appears; the site does not publish a forecast of its own. Forecasts of this kind over 12 months have usually landed several percentage points away from the actual outcome, above or below. This is not investment advice.

One table includes every metro forecast: housing market forecast.

Allentown housing market crash risk score

A score of 26 out of 100, moderate

Using five conditions that were high before past price falls, the score ranks Allentown against 292 cities. Each input receives a score from 0 to 100 when compared with the other cities. The five scores then receive equal weight in the average. This score shows current conditions; it does not forecast a crash.

InputValueSub-scoreWeight
Active listings vs 2019−55.8%320%
Time on the market vs 2019−34.4%320%
Price-to-rent ratio15.63220%
Price-to-income ratio6.77920%
12-month price change+3.8%1320%

This is not investment advice. Input scoring details: methodology. Rankings for all 292 cities: city crash risks.

Homes for sale and market time in Allentown

In September 2026 the Allentown, PA metro listed 1,531 homes for sale, up 8.7% from a year earlier and down 55.8% versus the same month of 2019. The median time to sell a listing was 40 days, down 34.4% against 2019, while 15.7% of listings received a price cut.

Allentown, PA metro, September 2026ValueOn a year
Active listings1,531+8.7%
New listings926
Median days on market40−6.4%
Median list price$412,225+3.1%
Share with a price cut15.7%

Metro inventory data comes from Realtor.com® Economic Research. Realtor.com figures. See days on market by city for every metro.

Living costs and rent in Allentown

In Allentown, the typical asking rent is $1,686 a month according to the Zillow Observed Rent Index, 3.3% higher than a year earlier. A typical home costs 15.6 years of rent. A year's income for the median household is $47,463 (Census ACS 2024), making the typical home 6.7 times that amount. BEA gives the metro a price index of 100.0 compared with a US average of 100, while its housing cost index is 105.5.

More housing markets in Pennsylvania

Statewide information: Pennsylvania housing market.

How to read the chart

Every point represents the Zillow Home Value Index for Allentown. It shows the typical home's value within the market's middle third, smoothed and seasonally adjusted, in that month's dollars. The hollow dot shows the month selected on the slider, while the terracotta dot marks the most recent month. These figures do not account for inflation, and an index tracks the typical home rather than any particular house. To find one home's value, use its sale price with the card above or the home appreciation calculator.