Median price for residential apartments in as of Aug, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
5 Allentown, NJ 08501, USA apartments for sale
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Ranch/Rambler, Detached
19 Pearl Street, Allentown, NJ 08501, USA
2 Bed
1 Bath
513 Sq Ft
Allentown
According to statistics, the population in Allentown, NJ amounts to 1,890, which shows n/a% compared to the previous year. The median age of the city’s residents is 40. The average household income is $96,154, shifting decline -1% from the past year, and the average property value in Allentown, NJ growth 2% to $328,400 throughout the year.
| Population | 1,890 |
| Median Age | 40 |
| Poverty Rate | 2% |
| Household Income | $96,154 |
| Number Of Employees | 1,089 |
| Median Property Value | $328,400 |
Household Income
The average household income in Allentown, NJ declined from $97,188 to $96,154 in the past year. This data is an estimate based upon 702 households in Allentown, NJ . The chart below presents how household income is distributed in Allentown, NJ in comparison to the revenue allocation amid households nationally.
- USA
- Allentown, NJ
Property Value
According to data from last year, the average property value in Allentown, NJ shifted from $322,600 to $328,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Allentown, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Allentown, NJ properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
- USA
- Allentown, NJ
Rent vs. Own
- Rent78%
- Own22%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Allentown, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Allentown, NJ equals $3000, which is less than the national average.
- USA
- Allentown, NJ
Housing Trends
Allentown, NJ 08501, USA Housing Trends
Average sale in Allentown: $663,300 (+10.7%)
| Apartment Size | Aug | vs Last Month |
|---|---|---|
| 3 bed apartments | $589,900 | N/A |
| 4+ bed apartments | $700,000 | +16.9% |
During Aug 2021, the average price for an apartment in/near Allentown, NJ increased by 10.7% to $663,300.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $589,900. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $700,000 for a big-family home.
| Listing Type | Aug | vs Last Month |
|---|---|---|
| Houses for sale | $663,300 | +10.7% |
According to statistics, average house is still $663,300 with no significant changes this month.
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