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Featured local agent — Allentown, NJ
Sarah Mitchell
Compass Real Estate · Allentown, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Allentown, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$485,000median sale price
How is the Allentown, NJ housing market right now?
The median home sale price in Allentown, NJ is $485,000, up 15.5% year-over-year. Homes sell in an average of 13 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Allentown a buyer's or seller's market?
Allentown, NJ is currently a seller's market, based on 3.0 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
13
Fast-moving
Active listings
3
3.0 months supply
Sale-to-list
101.3%
Above asking
What does the Allentown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $485,000 |
| Median list price | $539,000 |
| Year-over-year price change | +15.5% |
| Average days on market | 13 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 101.3% |
| Median price per sq ft | $187/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Allentown by property type?
How the Allentown, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $452,500 | $343/sq ft | 2 | 18 days |
| Condo / Co-op | $234,900 | $188/sq ft | 1 | 12 days |
| Townhouse | $485,000 | $187/sq ft | 1 | 13 days |
Source: Redfin · Updated monthly
The Allentown housing market is currently classified as a seller's market with a median sale price of $485,000. Prices have risen 15.5% compared to last year, with homes spending an average of 13 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Allentown
There are currently 3 homes listed for sale in Allentown, New Jersey. The median listing price is $539K.
Active listings
3
Homes on market
Median list price
$539K
Avg. days on market
13
Days until sale
New this week
3
Newly listed
Who lives in Allentown?
Population
1,926
Median income
$134,583/yr
Median age
40 years
Owner-occupied
77.7%
College grads
53.2%
Avg commute
30.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Allentown?
Zillow home value
$748,666
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Allentown?
Allentown is a community of approximately 2K residents with a median age of 40 years.The median household income is $134,583, which reflects a relatively affluent area with strong earning potential. 53.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 77.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Allentown offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Allentown?
3 schools tracked · 2,032 students
The largest public schools serving Allentown, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Allentown High School
Grades 9-12 · 1,043 students
Newell Elementary School
Grades PK-4 · 543 students
Stonebridge Middle School
Grades 5-8 · 446 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Allentown, NJ?
Want a head-to-head view? Compare Allentown side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Allentown?
The median home sale price in Allentown is $485,000, up 15.5% from last year.
How long do homes stay on market in Allentown?
Homes typically spend 13 days on market before going under contract.
What is the median income in Allentown?
The median household income is $134,583 per year.
Is Allentown a buyer's or seller's market?
With 3.0 months of supply, Allentown is currently a seller's market.
What is the Zillow home value estimate for Allentown?
The Zillow Home Value Index (ZHVI) for Allentown is $748,666, representing the typical home value in the area.
What is the median condo price in Allentown?
The median condo/co-op sale price in Allentown, NJ is $234,900, compared to $452,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Allentown?
The median single-family home price in Allentown, NJ is $452,500 (about $343 per square foot).
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