Allentown, Pa

Population: 119,104
Average annual home appreciation rate: 2.59%
Total of homes for sale in this market: 536
Median home price: $128,658
Median Rent: $1,017
Home price range: 56.78% of homes are between $97,001 – $195,000
Median sales price: $119,000
Number of homes: 573
Median foreclosure sales price: $36,300
Foreclosure discount: 69.5%
Most common home type: 38.55% of homes are single family detached
Number of vacant homes: 10.82%
Number of renters: 54.00%
Number of owner occupied: 46.00%
Number people living below poverty level: 27.85%
Unemployment rate: 6.7%
Is this area perfect for real estate deals going on right now?

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