Investing in Allentown

Pittsburgh, Allegheny County, PA

Data updated Oct 17, 2026

For Sale: 10 Under Contract: 4 Upcoming Sheriff Sales: 1 Sold (12 mo): 10

Active Listings NOW

14
currently asking median $121,200
$34,900 - $225,000

Upcoming Sheriff Sales NOW

1
median starting bid $1,900
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Allentown, through . Live counts are tagged NOW.

Median Sold Price

$130,000
Trailing 12-month sold cohort - n=10

Median $/Sqft

$95
Trailing 12-month sold cohort - n=10

Median DOM

98 days
Trailing 12-month sold cohort - n=10

Cap Rate (at sold price)

8.30%
Median, trailing 12-month sold - n=9

ARV

$159,043
Median after-repair value, trailing 12-month sold - n=6

Median Rent

$1,576/mo
Median, trailing 12-month sold cohort - n=9
NOW Active listings today ACS U.S. Census ACS 2024

About Allentown

Allentown is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 14 active listings, currently asking a median of $121,200, 1 upcoming sheriff sales, a median projected flip ROI of -26.0% on current listings (at list price). Across 10 homes sold in Allentown over the trailing 12 months, the area has a median sold price of $130,000, a median 98 days on market, a median cap rate of 8.3% (at recorded sale price), an ARV of $159,043, a median rent of $1,576/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 14 homes currently for sale.

Census signals for Allentown include a DealScanner neighborhood class of C-, a median household income of $47,300, a renter share of 49.2%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 14 active listings in Allentown - as of

Flip ROI (at list price)
-4.3%
Active listings, not negotiated MAO
Cap Rate (at list price)
9.7%
Active listings, not negotiated MAO
ARV (active listings)
$172,982
Rent (active listings)
$1,449
Avg Rehab (Flip)
$31,388
Avg Rehab (Rental)
$18,800
Typical Condition
Mid Range rehab

Market Velocity

How quickly properties are selling in Allentown. Days-on-market window: trailing 12 months.

10.0
Months Supply
10.0%
Absorption Rate
98
Median Days on Market
Buyer's Market - More inventory available. Buyers have negotiating power.

Price Trends Declining

Sale Prices (last 12 months)

Median Asking Price: $160,000
Median Sold Price: $130,000
Median Price Change: -18.8%

Price Per Square Foot (last 12 months)

Asking $/sqft: $108
Sold $/sqft: $95
$/sqft Trend: -12.1%
Properties in Allentown sell for 93.8% of list price on average.
50% of properties sold at asking price, 40% sold after a price reduction (avg -15.4%), and 10% sold above initial asking.

Rental Market 77 rented

Rental activity in Allentown over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,575/mo
Based on 77 rented properties in the last 12 months.
Avg. asking → closed change: -1.0%

Rental Velocity

Avg. Days to Rent: 42 days
Median Days to Rent: 28 days
Based on 75 properties with listing date data
72% of properties rented at asking price, 25% rented after a reduction (avg -6.4%), and 3% rented above initial asking.

Upcoming Sheriff Sales NOW 1

Scheduled, as of

Median starting bid: $1,900 • Starting bid range: $1,900 - $1,900

636 LILLIAN ST, PITTSBURGH, PA 15210
• Real Estate Sale - Mortgage Foreclosure
$1,900
Sheriff Sale

Frequently Asked Questions

How many homes are for sale in Allentown right now?

DealScanner is tracking 14 active listings in Allentown as of Oct 17, 2026, currently asking a median of $121,200. Of those, 10 are actively for sale (not under contract or pending).

What is the median sold price in Allentown over the last 12 months?

The trailing 12-month median sold price across 10 closed sales in Allentown is $130,000. Sold-cohort medians are a more stable basis for area-level statistics than current asking prices, especially in neighborhoods with thin active inventory.

What is the typical cap rate in Allentown (last 12 months)?

Across 10 sold homes in Allentown over the trailing 12 months, the median cap rate at recorded sale price is 8.3% and the median monthly rent is $1,576. This uses each sale's Final Price with estimated rent and a 30% expense-ratio NOI model; the cap rate at a negotiated MAO would be higher.

How many upcoming sheriff sales are scheduled in Allentown?

There are 1 upcoming sheriff sales tracked in Allentown, with a median starting bid of $1,900.

When was Allentown data last updated?

Live market data on this page was last refreshed on Oct 17, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Neighborhood Demographics ACS

U.S. Census American Community Survey 2024 - tract aggregates for Allentown

Neighborhood Class
C-
Median Income
$47,300
Vacancy Rate
23.5%
Renter %
49%
Education (Bachelor's+)
27%
Poverty Rate
20.1%

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In-depth analysis of Allentown as a real estate investment market: investor profile, market sentiment, opportunity by strategy (BRRRR / flip / buy-and-hold), and answers to common questions.

Read Allentown 2026 Guide