Markets/Pennsylvania/Allentown-Bethlehem-Easton

Allentown-Bethlehem-Easton, PA-NJ Real Estate Market 2026

Investor-grade market analytics for Allentown-Bethlehem-Easton, Pennsylvania. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$365,871

+3.3% year-over-year

Est. Rental Yield

6.1%

gross annual

12-Month Forecast

+3.2%

base case (Zillow ZHVF)

+3.2% year-over-year

Climate Risk

38/100

Low

Market Momentum

๐Ÿ”ฅ
Hot
1.6mo supply ยท Score +5/7

Net migration: Top 6% nationally

Income Migration

โžก๏ธ Neutral1.03x

In-migrants avg $70,224 AGI vs out-migrants $67,993

๐Ÿ›๏ธ

Opportunity Zone Market

11 ZIP codes in Allentown-Bethlehem-Easton are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Allentown-Bethlehem-Easton Market Summary

Allentown-Bethlehem-Easton, PA-NJ shows steady growth at 3.3% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 4.43x, below the national average of 4.8x. Modest net positive migration (+1,286 returns/year) provides steady demand support. Climate risk remains low (38/100), favorable for long-term investment stability. Rental yield of 6.07% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score80/100
Price-to-Income Ratio4.4x (national avg 4.8x)
Median Household Income$82,602

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.6%
Base Case+3.2%
Bull Case+4.9%

Climate & Natural Hazard Risk

Allentown-Bethlehem-Easton, PA-NJ's primary climate exposure is wind storms (60/100). The composite climate risk score of 38/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Allentown-Bethlehem-Easton dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.