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Downtown Allentown, PAHousing Market

Downtown Allentown in Allentown is a buyer's market right now. Homes are selling for 86.67% of asking price and taking an average of 267 days to sell, giving you more time to compare your options, negotiate a better deal, and buy with confidence.

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Written By Carol CFeatured Writer
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Reviewed By Deepika RHousing Market Analyst
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
November 2025
Last updated
Live MLS Data 590 active homes tracked
Data Sources:
West Penn MLS-PA
Downtown Allentown, PA Real Estate Market Snapshot
MEDIAN HOME PRICE
$130,000↓ 0.10%
MORTGAGE RATES 30-YR
6.23%↓ 0.58%
Buyer's Market
DAYS ON MARKET
267
↑ 262.00% YoY
INVENTORY
2
↓ 0.00% YoY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Is Now a Good Time to Buy in Downtown Allentown? Here's What We Think

Yes, now is a good time to buy in Downtown Allentown. The median sale price is $130,000, a marginal change from last year, and home sales saw no change over the same period. Buyers can use this data to gauge how much room there is to negotiate.
Median Sale PriceHomes SoldMedian Days on Market
Median Sale Price
$130,000
↓ 0.10%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Downtown Allentown. The median sale price is currently $130,000, a marginal change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Downtown Allentown
location pin
Updated MonthlyLast Updated: November 2025

Downtown Allentown Housing Market Forecast for 2026

Downtown Allentown's housing market is expected to continue favoring buyers in 2026, with modest price growth, more inventory, and homes taking longer to sell.

Market Outlook:

  • Home prices expected to rise modestly by 2-4%, reflecting cooling demand
  • Sale-to-list ratio forecast to hold near 98-100%, keeping negotiating room in buyers' favor
  • Homes being on the market longer gives buyers added leverage to negotiate price and terms

Will the Downtown Allentown Housing Market Crash in 2026?

Expert consensus points to no. Downtown Allentown continues to show steady demand and no signs of distressed selling. The shift toward more balanced conditions reflects a broader trend across Allentown, not a downturn specific to this neighborhood. Buyers should expect more room to negotiate and a wider selection through 2026.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    267 days

  • Months of Supply:

    2 months

  • Sale-to-List Ratio:

    86.67%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Downtown Allentown Right Now?

Yes, buyers have plenty of options in Downtown Allentown right now. The market has 2 active listings and 2 months of supply, giving buyers more choice and negotiating power. There were 2 new listings last month, while the inventory had no change year-over-year.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
2
↓ 0%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Downtown Allentown. There are currently 2 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Downtown Allentown
location pin
Updated MonthlyLast Updated: November 2025

Are Buyers or Sellers Controlling the Downtown Allentown Market?

Buyers currently have the upper hand in the Downtown Allentown housing market. Homes are selling for 86.67% of their asking price, and price reductions saw no change year-over-year. Frequent price cuts give buyers more room to negotiate and put pressure on sellers to compete.
Homes Sold Above List PriceSale-to-List Ratio
Homes Sold Above List Price
0%
↓ 66.67%YoY
What this chart showsSold Above List
The line tracks the share of homes in Downtown Allentown selling above their asking price over time. Currently, 0% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Downtown Allentown
location pin
Updated MonthlyLast Updated: November 2025

Find Your Perfect Downtown Allentown Home Now

14 homes for sale in Downtown Allentown, PA big arrow leftbig arrow inline

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Frequently Asked Questions

How have Downtown Allentown house prices changed over the past year?

What are Downtown Allentown real estate market predictions for 2026?

What's the median home price in Downtown Allentown?

What is a good time to buy a home in Downtown Allentown?

When will the Downtown Allentown housing market crash?

How to buy a home in Downtown Allentown?

How can I list my home for sale in Downtown Allentown, Allentown, PA?

What is the average mortgage rate for buyers in Downtown Allentown?

What is a good time to sell a house in Downtown Allentown?

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across Pennsylvania.

West Penn MLS-PA
West Penn MLS-PA
Greater Lehigh Valley MLS-PA
Greater Lehigh Valley MLS-PA
Pocono Mountains AOR MLS-PA
Pocono Mountains AOR MLS-PA

Data provided by Redfin, a national real estate brokerage.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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Based on information from Bright MLS through Oct 11, 2026, 12:30 AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information

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Based on information from the Greater Lehigh Valley Realtors, Inc. (GLVR) from the Multiple Listing Service through Oct 11, 2026, 12:30 AM. MLS Listing Information has not been verified and is not guaranteed by MLS. Information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed to be accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. The data relating to real estate for sale on this website comes in part from the IDX program of the GLVR MLS. Real estate listings held by brokerage firms other than Sell Your Home Services.com include the name of the listing broker. © 2026 Greater Lehigh Valley REALTORS® Multiple Listing Service - All Rights Reserved.