As predicted, the housing market in Allentown has been increasingly competitive in 2022. Demand is high but the market is scarce, and these trends are reflected in housing prices.
According to Redfin.com, In February 2022, Allentown home prices were up 11.2% compared to last year, selling for a median price of $189K.
On average, homes in Allentown sell after 10 days on the market compared to 8 days last year. There were 81 homes sold in February this year, down from 91 last year.