Real Estate Market Update for Allentown, PA
Welcome to March's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 24% from one year earlier, and down 14% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 120-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 92%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 130-thousand dollars. The number of units sold was consistent year-over-year, and increased 25% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Allentown, PA
Area Information for Allentown, PA
  • Population: 3,466
  • Median Age: 28.97 yr
  • Median Commute Time: 17.39 mins
  • Educational Climate*: 2
  • Sales Tax: 6%
  • Population Density: 9,931/sq mi
  • Population Change Since 2000: 22.6%
  • Closest Airport: Lehigh Valley International
  • Closest College: Muhlenberg College
  • Closest Jr. College: Pennsylvania School Of Business
  • Median Household Income: $19,493
  • Annual Residential Turnover: 23.88%
  • Median Years in Residence: 2.21 yr
  • Median Home Sales Price: $53,500
  • Closest Major Sports Team: Reading Fightin Phils
  • Change Avg. Household Income Since 2000: -6%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Allentown, PA
Median Age: 28.97 Married: 12% Number of Households: 1,252 Households with Children: 503
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Allentown, PA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Datzyk Montessori School 0.6 mi Private PRESCHOOL-1 0 0
      Saint Thomas More School 0.8 mi Catholic K-8 0 0
      The Swain School 0.8 mi Private PRESCHOOL-8 0 4
      Cetronia School 0.9 mi Public K-5 4-5 4
      Union Terrace El School 1.1 mi Public K-5 1 4
      Lehigh Christian Academy 1.2 mi Private PRESCHOOL-8 0 4
      Jewish Community Center Kindergarten 1.2 mi Private PRESCHOOL-K 0 0
      Francis D Raub Middle School 1.3 mi Public 6-8 1 2
      Cathedral Of St. Catharine Of Siena School 1.3 mi Catholic PRESCHOOL-8 0 0
      Muhlenberg El School 1.4 mi Public K-5 2-5 4
      William Allen High School 1.4 mi Public 9-12 1 3
      Kindercare Learning Center 1.4 mi Private PRESCHOOL-K 0 0
      Jewish Day School Of The Lehigh Valley 1.7 mi Private PRESCHOOL-8 0 3
      Lincoln Early Childhood Ctr 1.7 mi Public PRESCHOOL-K 0 0
      Lehigh Park El School 1.7 mi Public K-5 2 4
      Parkway Manor School 1.9 mi Public K-5 4 5
      Jackson El School 1.9 mi Public K-5 0 4
      Western Salisbury El School 1.9 mi Public K-5 4 5
      Salisbury Middle School 2.0 mi Public 6-8 4 4
      Trexler Middle School 2.0 mi Public 6-8 1 3
      Mckinley El School 2.0 mi Public 1-5 1 5
      Springhouse Middle School 2.1 mi Public 6-8 5 3
      Lifespan School & Daycare 2.2 mi Private PRESCHOOL-K 0 0
      Kratzer School 2.3 mi Public K-5 3-5 4
      Divine Learning Center Academy 2.3 mi Private PRESCHOOL-2 0 0
      Grace Montessori School 2.4 mi Private PRESCHOOL-4 0 0
      Central El School 2.4 mi Public K-5 1 1
      Cleveland El School 2.4 mi Public 1-5 1 4
      The Devine School 2.4 mi Private PRESCHOOL-K 0 0
      Little People Daycare School 2.5 mi Private PRESCHOOL-K 0 0
      Jefferson El School 2.5 mi Public PRESCHOOL-5 1 3
      Washington El School 2.6 mi Public 1-5 1 0
      Wescosville El School 2.7 mi Public K-5 3-5 4
      Roberto Clemente Cs 2.9 mi Public 6-12 2-5 3
      Hiram W Dodd El School 2.9 mi Public K-5 1 3
      South Mountain Middle School 2.9 mi Public 6-8 1 3
      Central Catholic High School 2.9 mi Catholic 9-12 0 3
      Sacred Heart School 2.9 mi Catholic PRESCHOOL-8 0 3
      Mercy Special Learning Center 3.1 mi Catholic PRESCHOOL-PRESCHOOL 0 0
      St Paul School 3.1 mi Catholic PRESCHOOL-8 0 0
      Roosevelt Elementary School 3.1 mi Public 4-5 1 4
      Harrison-morton Middle School 3.2 mi Public 6-8 1 3
      Children First Community Academy 3.3 mi Private PRESCHOOL-7 0 0
      Sheridan El School 3.3 mi Public 1-5 1 5
      Holy Spirit School 3.4 mi Catholic PRESCHOOL-8 0 4
      Salisbury Senior High School 3.8 mi Public 9-12 4-5 3
      Parkland Senior High School 3.9 mi Public 9-12 5 4
      Mosser El School 4.0 mi Public PRESCHOOL-5 1 3
      The Cuddle Zone Learning Center 4.1 mi Private PRESCHOOL-K 0 0
      Our Lady Help Of Christians School 4.4 mi Catholic PRESCHOOL-8 0 3
      Building Blocks Learning Center 4.5 mi Private PRESCHOOL-K 0 0
      Louis E Dieruff High School 4.5 mi Public 9-12 1 2
      Harry S Truman El School 4.6 mi Public K-5 2 5
      A Childrens Place Learning Center 4.8 mi Private PRESCHOOL-K 0 0
      Ritter El School 5.0 mi Public K-5 2 3
      Lincoln Leadership Academy Charter School 5.0 mi Public K-12 1 4
      Arts Academy Charter School 5.1 mi Public 5-8 0 0
      New Story 5.4 mi Private K-11 0 0
      Kindercare Learning Center 5.4 mi Private PRESCHOOL-K 0 0
      Newcomer Academy At Midway Manor 5.5 mi Public 9-12 0 0
      Eet Inc T/a Daycare In The Park 5.6 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Allentown, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.