Is Old Allentown Historic District, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Old Allentown Historic District was a Buyer's Market.
Housing Prices in Old Allentown Historic District, PA
How much do homes in Old Allentown Historic District, PA cost?
Median Sold Price
$150,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Old Allentown Historic District was $150,000 in April 2024, down 6.3% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $109K | +14.7% |
2 Bedrooms | $109.9K | $139.2K | +26.6% |
3 Bedrooms | $154K | $145K | -5.8% |
4 Bedrooms | $193.9K | $142K | -26.8% |
5+ Bedrooms | $251.5K | $255K | +1.4% |
Summary: Old Allentown Historic District housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 26.6%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
Center City | $170K | $180K | +5.9% |
Dawn Square | $178.7K | $180K | +0.7% |
Old Allentown Historic District | $160K | $150K | -6.3% |
Housing Supply in Old Allentown Historic District, PA
How many homes are available in Old Allentown Historic District, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Summary: The Old Allentown Historic District real estate market had 13 homes for sale in April 2024, a 44.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 2 | 6 | +200.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Old Allentown Historic District housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Old Allentown Historic District in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Old Allentown Historic District, PA
How long does it take to sell a home in Old Allentown Historic District, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 15 Days | +291.7% |
Summary: Homes in Old Allentown Historic District had an average of 15 days on market in Apr 2024, up by 291.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Old Allentown Historic District; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.