Is Allentown, PA 18104 a buyer’s or seller’s market?

The Allentown housing market right now

In the three months ending August 31, 2026, 66% of homes in Allentown, PA 18104 sold above their list price, the typical home went under contract in 7 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 149 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 57%, homes sold about as fast and the median sale price rose 2% to $404,825. Overall, Allentown is more competitive than a year ago, so tougher for buyers.

Within Lehigh County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Allentown ranks #25 of 601 PA ZIP codes with enough sales (score 95 out of 100).

Nearby, buyers who want less competition could look at Allentown 18101 (0% sold over asking) or Germansville 18053 (0% sold over asking), while Neffs 18065 (100% sold over asking) and Allentown 18106 (71% sold over asking) are even more competitive.