Is Allentown, PA 18101 a buyer’s or seller’s market?
Allentown is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Allentown housing market right now
In the three months ending August 31, 2026, 0% of homes in Allentown, PA 18101 sold above their list price, the typical home went under contract in 8 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (54 days then) and the median sale price rose 2% to $204,911. Overall, Allentown is less competitive than a year ago, which gives buyers more room.
Within Lehigh County, homes here sell faster than in 63% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Neffs 18065 (100% sold over asking) and Allentown 18106 (71% sold over asking) are even more competitive.
Run the numbers for 18101
Nearby markets
Allentown 18102Seller’s market $147 /sq ftAllentown 18103Seller’s market $193 /sq ftAllentown 18104Seller’s market $195 /sq ftAllentown 18106Seller’s market $233 /sq ft Browse all markets →Towns like Allentown nearby
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Questions about Allentown real estate
Is Allentown a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Allentown, PA 18101 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Allentown?
The typical home went under contract in 8 days in the latest three months.
Do homes in Allentown sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Allentown?
About 1.55% of a home’s value a year in Lehigh County, or roughly $6,200 on a $400,000 home.
What is the median home price in Allentown?
The median sale price was $204,911 in the three months ending August 31, 2026, about $136 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology