$7,564 Closing Credit*
$637,000
2,771 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jennifer Weaver, Listing Office: KELLER WILLIAMS REALTY GULF COAST
Is Allentown, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Allentown was a Neutral Market.
Key Takeaway
Allentown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Allentown, FL
How much do homes in Allentown, FL cost?
Median Sold Price
$350,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$51,125(+17.1%)
Key Takeaway
Homes in Allentown have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in Allentown was $350,000 in September 2024, up 17.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | - | N/A |
| 2 Bedrooms | $220K | $217.5K | -1.1% |
| 3 Bedrooms | $310K | $334K | +7.7% |
| 4 Bedrooms | $296.6K | $412.4K | +39.0% |
| 5+ Bedrooms | $672.9K | $606.9K | -9.8% |
Summary: Allentown housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 39%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Cities
| Allentown | $298.8K | $350K | +17.1% |
| Pace | $327.1K | $334.9K | +2.4% |
| Skyline | $337.7K | $345K | +2.2% |
Housing Supply in Allentown, FL
How many homes are available in Allentown, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 32 | 40 | +25.0% |
Summary: The Allentown real estate market had 40 homes for sale in September 2024, a 25.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 16 | 21 | +31.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Allentown housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allentown, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Allentown in September 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Allentown, FL
How long does it take to sell a home in Allentown, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 138 Days | 130 Days | -6.2% |
Summary: Homes in Allentown had an average of 130 days on market in Sep 2024, down by 6.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Allentown are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Allentown; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.