Allentown, NJ 08501 Market Trends: August 2026

Welcome to Allentown, New Jersey’s housing market update for August 2026, covering Single Family and Condo/Townhouse/Apt. properties.

Are prices rising?

The median sold price in Allentown is $632,500, reflecting a -6.3% month-over-month change, indicating a slight decrease in prices. However, the sold-to-list price ratio remains strong at 101.4%.

How is the inventory looking?

Inventory is on the rise, with a 5.26% increase over the last month and a substantial 166.67% increase over the past year, resulting in a four-month supply of inventory. This could offer more choices for buyers in the coming months.

What are the days on market like?

Properties in Allentown are selling relatively quickly, with the median days in RPR for sold listings at 26 days, although there’s an 18.18% increase from the previous month. New pending listings are seeing a median of 57 days in RPR.

What should buyers be aware of?

Buyers should note the median list price for new pending listings is $768,500, with 13 new listings at a median price of $899,000. The local area features attractions like the historic downtown and nearby parks, adding to its appeal.

For personalized advice and more detailed insights into the Allentown housing market, reach out to one of our ERA Central Realty Group agents.