Investing in Allentown

Pittsburgh, Allegheny County, PA

Data updated Sep 02, 2026

For Sale: 8 Under Contract: 4 Upcoming Sheriff Sales: 1 Sold (12 mo): 7

Active Listings NOW

12
currently asking median $113,650
$59,000 - $235,000

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

$125,000
Trailing 12-month sold cohort - n=7

Median $/Sqft

$85
Trailing 12-month sold cohort - n=7

Median DOM

84 days
Trailing 12-month sold cohort - n=7

Cap Rate (at sold price)

9.02%
Median, trailing 12-month sold - n=6

ARV

$178,918
Median after-repair value, trailing 12-month sold - n=3

Median Rent

$1,522/mo
Median, trailing 12-month sold cohort - n=6
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 12 active listings, currently asking a median of $113,650, 1 upcoming sheriff sales, a median projected flip ROI of -33.9% on current listings (at list price). Across 7 homes sold in Allentown over the trailing 12 months, the area has a median sold price of $125,000, a median 84 days on market, a median cap rate of 9.0% (at recorded sale price), an ARV of $178,918, a median rent of $1,522/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 12 homes currently for sale.

Census signals for Allentown include a DealScanner neighborhood class of C-, a median household income of $46,422, a renter share of 49.4%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 12 active listings in Allentown - as of

Flip ROI (at list price)
-28.2%
Active listings, not negotiated MAO
Cap Rate (at list price)
8.6%
Active listings, not negotiated MAO
ARV (active listings)
$134,838
Rent (active listings)
$1,472
Avg Rehab (Flip)
$36,357
Avg Rehab (Rental)
$22,542
Typical Condition
Mid Range rehab

Market Velocity

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

8.7
Months Supply
11.5%
Absorption Rate
84
Median Days on Market
Buyer's Market - More inventory available. Buyers have negotiating power.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $125,000
Median Sold Price: $125,000
Median Price Change: 0.0%

Price Per Square Foot (last 12 months)

Asking $/sqft: $85
Sold $/sqft: $85
$/sqft Trend: 0.0%
Properties in Allentown sell for 96.2% of list price on average.
57% of properties sold at asking price, 29% sold after a price reduction (avg -13.4%), and 14% sold above initial asking.

Rental Market 74 rented

Rental activity in Allentown over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,575/mo
Based on 74 rented properties in the last 12 months.
Avg. asking → closed change: -1.5%

Rental Velocity

Avg. Days to Rent: 42 days
Median Days to Rent: 28 days
Based on 70 properties with listing date data
74% of properties rented at asking price, 24% rented after a reduction (avg -6.6%), and 1% rented above initial asking.

Upcoming Sheriff Sales NOW 1

Scheduled, as of

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

220 MILLBRIDGE 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 12 active listings in Allentown as of Sep 02, 2026, currently asking a median of $113,650. Of those, 8 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 7 closed sales in Allentown is $125,000. 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 7 sold homes in Allentown over the trailing 12 months, the median cap rate at recorded sale price is 9.0% and the median monthly rent is $1,522. 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 Sep 02, 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
$46,422
Vacancy Rate
23.5%
Renter %
49%
Education (Bachelor's+)
26%
Poverty Rate
20.9%

Ready to Invest in Allentown?

Get full access to all 13 properties with detailed analysis, ARV reports, and investment calculators.

Start Free

Read the Allentown 2026 Investment Guide

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