Is Allentown, PA 18106 a buyer’s or seller’s market?

The Allentown housing market right now

In the three months ending August 31, 2026, 71% of homes in Allentown, PA 18106 sold above their list price, the typical home went under contract in 10 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 80%, homes sold more slowly (6 days then) and the median sale price fell 26% to $374,838. Overall, Allentown is less competitive than a year ago, which gives buyers more room.

Within Lehigh County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 96%. On our competition score, Allentown ranks #10 of 601 PA ZIP codes with enough sales (score 97 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) is even more competitive.