Foreclosure Homes in Allentown, PA 18103

Current Market Conditions in Allentown, PA

The Allentown real estate market is currently experiencing a steady growth trend, with home values increasing as demand outpaces supply. Buyers are drawn to the city's affordable housing options compared to nearby areas in Pennsylvania, creating a competitive environment for potential homeowners.

Investors have also taken notice of Allentown, leading to a rise in property renovations and new developments. The market is particularly appealing for first-time homebuyers looking for reasonably priced homes in a city with strong community ties.

Rent Prices In Allentown, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Allentown, PA, is on a rollercoaster ride. The average rent price in Allentown, PA, is $1,462.00. Indeed, when looking to rent in Allentown, PA, you can expect to pay as little as $640.00 or as much as $3,830.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Allentown, PA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.