Condo Foreclosures in Allentown, PA

Current Market Conditions in Allentown, PA

The Allentown real estate market is currently experiencing steady growth, driven by a combination of low inventory levels and increasing demand for housing. The city's attractive amenities and affordability compared to nearby major cities contribute to a robust market environment.

During the past few months, interest rates have fluctuated but remain favorable for home buyers. The demand for homes has led to competitive bidding situations in some neighborhoods, particularly those near good schools and parks.

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.