Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$363,366+3.2% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$78,770About 0.9× the local median income ($84,828): affordable for a typical household
Days on market38 daysFaster than a year ago: sellers have the edge
Next 12 months+2.6%Zillow expects prices to rise slightly
The typical home in Allentown-Bethlehem-Easton, PA-NJ is worth $363,366, up 3.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $326,698, so the area is 11.2% overvalued. It is a balanced market: homes take about 38 days to sell, listings are up 21% from a year ago, 17% of listings have had a price cut. Zillow expects prices to rise about 2.6% over the next year. A household needs about $78,770 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,828. Typical rent is $1,841 a month, or $2,243 for a house. In the latest IRS figures, 1,751 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$363,366
Change in 1 year
+3.2%
Overvalued %
+11.2%
Show 7 more
Fair home value
$326,698
Change in 5 years
+32.6%
Zillow forecast, next 12 months
+2.6%
Home value to income
4.3×
Monthly mortgage payment (20% down)
$1,969
Income needed to afford it
$78,770
Property tax rate
1.62%
Rent and investing
Typical rent
$1,841
Typical rent for houses
$2,243
Price-to-rent ratio
16.4×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,862
Gross rental yield
6.08%
Cap rate (estimate)
3.95%
Market activity
Listings vs a year ago
+21.2%
Days on market
38
Listings with a price cut
16.7%
Show 3 more
Homes for sale
1,700
Pending sales per 100 listings
68
Asking price per sq ft
$208
People and jobs
Median household income
$84,828
Population change (1 year)
+0.4%
Unemployment rate
5.4%
Show 4 more
Population
887,615
Income adjusted for cost of living
$84,828
Net moves in (IRS)
+1,751
Cost of living (US = 100)
100.0
Schools, risk and environment
School rating (1 to 10)
4.9
FEMA hazard risk score (0 to 100)
88.2
Unhealthy air days a year
1
Show 4 more
Flood risk score
91.5
Wildfire risk score
29.6
Walkability (1 to 20)
10.9
Road, rail and air noise
53 dB
Questions people ask
Is Allentown-Bethlehem-Easton, PA-NJ overvalued?
Home prices in Allentown-Bethlehem-Easton, PA-NJ are well above what local incomes have historically supported: fair value is about $326,698, so the area is 11.2% overvalued.
Is Allentown-Bethlehem-Easton, PA-NJ a buyer's or seller's market?
Allentown-Bethlehem-Easton, PA-NJ is a balanced market: homes take about 38 days to sell, listings are up 21% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Allentown-Bethlehem-Easton, PA-NJ?
Home values in Allentown-Bethlehem-Easton, PA-NJ are up 3.2% over the last year. Zillow's forecast for the next 12 months is +2.6%.
How much do you need to earn to buy a home in Allentown-Bethlehem-Easton, PA-NJ?
A household needs about $78,770 a year to afford the typical home in Allentown-Bethlehem-Easton, PA-NJ at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,828.