49Alpha

Allentown, PA metro area Housing Market Brief

metro · PA · score computed October 2026

Balanced

What is Allentown, PA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●79
Inventory Health25%
●26

Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band

Affordability20%
●37
Economic Strength20%
+5.159
Rental Yield15%
●48

Where is Allentown, PA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Allentown, PA metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Allentown, PA metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Allentown, PA metro area housing market data

MetricValueYoYSource
Median Sale Price$369K▲ +4.7%Redfin
Median Days on Market16 days▼ -5.9%Redfin
Months of Supply2.1▲ +16.7%Redfin
Homes for Sale1,485▲ +9.8%Redfin
Homes Sold831▼ -4.6%Redfin
Median Price / Sq Ft$202▲ +3.4%Redfin

How has Allentown, PA metro area’s Alpha Score moved?

Now: 49
2-period trend
Median sale price · 12 mo

Markets like Allentown, PA metro area

Frequently asked questions

Is Allentown, PA metro area a buyer's or seller's market?

In the scores computed October 2026, Allentown, PA metro area is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Allentown, PA metro area?

The median sale price in Allentown, PA metro area is $369K, having risen 4.7% over the past year, according to Redfin.

How affordable is Allentown, PA metro area?

Allentown, PA metro area scores 37 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Allentown, PA metro area's Alpha Score?

Allentown, PA metro area's strongest dimension is Price Momentum (79/100) and its weakest is Inventory Health (26/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Allentown, PA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.