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City-owned Homes And Land in Allentown, PA 18106

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Living in Allentown, PA

Allentown, PA is a diverse city known for its rich history and dynamic community. With multiple parks, excellent educational institutions, and many local amenities, it offers a high quality of life. The city's proximity to major urban centers enhances its appeal for both residents and investors.

Current Market Conditions in Allentown, PA

The real estate market in Allentown is currently trending upward with increasing property values and robust demand. Investors can benefit from the city's growth as more people are drawn to its affordable living options compared to nearby metropolitan regions.

With ongoing developments and revitalization projects, Allentown's market presents great opportunities. The consistent influx of new residents and businesses positions the city as a promising area for real estate investment, particularly in rental properties.

Home Value Estimator For Allentown, PA

There are currently 45,205 real estate properties in Allentown, PA, with a median automated valuation model (AVM) price of $283,762.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Allentown, PA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Allentown, PA, is $329,590.00, with the most expensive house in Allentown, PA, topping out at $19,833,328.00 and the cheapest home in Allentown, PA, clocking in at $12,035.00. In other words, there’s something for every potential homebuyer or savvy investor in Allentown, PA!

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.

Allentown, PA 18106 City-owned Homes And Land


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