The housing market in Allentown, PA (18103) is thriving with a median value of $256,700. This number is significantly lower than the US median home value of $338,100. However, Allentown鈥檚 1-year house appreciation rate of 16.09% far outpaces the national average of 8.27%. This means that homes in Allentown have gained more value over the past year than those elsewhere in the country. People looking to invest in property should take advantage of Allentown's strong housing market and its promising returns on investment.
The median home cost in Allentown (zip 18103) is $256,700. Home appreciation the last 10 years has been 80.9%. Home Appreciation in Allentown (zip 18103) is up 18.4%.
Average Age of Homes
- The median age of Allentown (zip 18103) real estate is 53 years old
The Rental Market in Allentown (zip 18103)
- Renters make up 32.1% of the Allentown (zip 18103) population
- 1.9% of houses and apartments in Allentown (zip 18103), 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.