Allentown FHA Loan Rates, Closing Costs & Stats

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Allentown's 166 lenders originated 2,132 FHA loans during 2024. The total origination value was $568,490,000, with an average FHA loan value of $266,646.

Allentown FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Allentown averaged 6.35% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

Allentown's average FHA mortgage closing costs are $8,808.

The average rate for the prior week (2025-03-28) was 6.85% and one month ago for the week of 2025-02-28, the average rate was 6.83%.

The average rate one year ago was 6.95%.

For refis of the same type during the week of 2025-04-04, the average rate was 6.28%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Allentown FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Allentown level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
CROSSCOUNTRY MORTGAGE, LLC 214 6.64% $12,382
QUICKEN LOANS, LLC 206 6.37% $12,192
UNITED WHOLESALE MORTGAGE, LLC 110 6.19% $14,494
NVR Mortgage Finance, Inc. 78 6.04% $13,590
MOVEMENT MORTGAGE, LLC 77 6.69% $13,268
PENNYMAC LOAN SERVICES, LLC 66 6.25% $10,826
FREEDOM MORTGAGE CORPORATION 60 6.50% $12,880
Firstrust Savings Bank 48 6.48% $9,897
Prosperity Home Mortgage, LLC 41 6.33% $12,019
GUILD MORTGAGE COMPANY 39 6.62% $11,089
BROKER SOLUTIONS, INC. 38 6.82% $13,341
NEWREZ LLC 37 6.54% $11,430
LOANDEPOT.COM, LLC 36 6.43% $12,985
Ixonia Bank 35 6.82% $13,201
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 33 6.64% $13,825
CMG MORTGAGE, INC. 29 6.49% $12,024
PLANET HOME LENDING, LLC 29 6.47% $9,996
Mortgage America, Inc. 26 6.50% $9,522
AMERICAN FINANCIAL NETWORK, INC. 25 6.64% $16,508
Carrington Mortgage Services, LLC 24 6.15% $14,633
Paramount Residential Mortgage Group, Inc. 20 6.62% $15,445
T2 FINANCIAL LLC 20 6.59% $13,511
CARDINAL FINANCIAL 20 6.66% $14,408
Quaint Oak Mortgage, LLC 20 6.37% $10,852
Mr. Cooper ( Nationstar Mortgage ) 16 6.38% $17,129
UNION HOME MORTGAGE CORP. 15 6.99% $11,655
SUN WEST MORTGAGE COMPANY, INC. 15 6.11% $13,301
GUARANTEED RATE, INC. 15 6.54% $13,110
Century Mortgage Company DBA Century Lending Company 14 6.27% $12,866
ABSOLUTE HOME MORTGAGE CORPORATION 13 6.58% $13,012
DHI MORTGAGE COMPANY, LTD. 13 5.80% $12,879
MUTUAL OF OMAHA MORTGAGE, INC. 13 6.64% $14,062
Flagstar Bank, FSB 12 6.73% $8,774
RESIDENTIAL HOME MORTGAGE CORPORATION 12 6.52% $12,041
MORTGAGE ACCESS CORP. 11 6.34% $12,861
NFM, INC. 10 6.11% $20,274
Equity Prime Mortgage LLC 10 6.71% $16,840
AMERISAVE MORTGAGE CORPORATION 9 6.14% $15,534
Univest Bank and Trust Co. 9 6.17% $9,444
UNITED MORTGAGE CORP 9 6.68% $12,751
PLAZA HOME MORTGAGE, INC. 9 6.68% $16,108
Fulton Bank 9 5.97% $9,968
LAKEVIEW LOAN SERVICING, LLC 8 6.42% $9,666
NJ LENDERS CORP. 8 6.50% $13,369
SUCCESS MORTGAGE PARTNERS, INC. 8 6.23% $14,522
FIRST HERITAGE FINANCIAL, LLC 8 6.17% $9,132
V.I.P. MORTGAGE, INC. 8 6.59% $8,887
AmeriHome Mortgage Company, LLC 8 6.62% $7,681
Keystone Funding, Inc. 8 6.56% $11,339
EMBRACE HOME LOANS, INC. 8 6.44% $12,512
EAGLE HOME MORTGAGE, LLC 7 4.69% $11,693
BOND STREET MORTGAGE, LLC 7 6.46% $11,925
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.61% $11,601
The Federal Savings Bank 7 6.14% $14,658
ALLIED MORTGAGE GROUP, INC. 7 6.11% $16,201
Lakeview Community Capital, LLC 7 6.48% $9,047
LOANPAL, LLC 7 5.61% $9,606
JMAC LENDING, INC. 6 6.13% $13,664
AMERICAN FINANCING CORPORATION 6 6.06% $17,164
NATIONWIDE MORTGAGE BANKERS, INC. 6 6.52% $18,386
Advisors Mortgage Group, L.L.C. 6 6.69% $10,539
EMM LOANS LLC 6 6.27% $14,452
VILLAGE CAPITAL MORTGAGE 6 6.79% $5,469
MLD MORTGAGE INC. 5 6.60% $9,938
Acre Mortgage and Financial Inc 5 6.92% $21,871
Mortgage Research Center, LLC 5 6.75% $6,610
HOMESIDE FINANCIAL, LLC 5 6.38% $15,535
Plains Commerce Bank 5 6.45% $12,040
Bank of America 4 6.09% $4,971
Nations Lending Corporation 4 6.41% $11,244
RELIANCE FIRST CAPITAL, LLC 4 6.53% $16,014
NBKC BANK 4 6.22% $10,222
M&T Bank 4 5.97% $6,600
FIRST COLONY MORTGAGE CORPORATION 4 6.44% $14,036
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.50% $12,831
MILEND, INC. 4 6.31% $16,007
1ST 2ND MORTGAGE COMPANY OF N.J., INC. 3 6.33% $17,437
CLIFFCO, INC. 3 7.00% $16,321
CONTOUR MORTGAGE CORPORATION 3 6.54% $12,966
Cornerstone First Mortgage, Inc 3 6.83% $11,428
East Coast Capital Corp. 3 6.46% $15,346
EVERETT FINANCIAL, INC. 3 7.00% $20,926
KeyBank 3 5.79% $9,442
MDE Home Loans, LLC 3 6.13% $15,682
MID AMERICA MORTGAGE, INC. 3 7.13% $11,464
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 6.50% $9,091
NATIONS DIRECT MORTGAGE, LLC 3 6.88% $19,823
PANORAMA MORTGAGE GROUP, LLC 3 6.88% $17,593
Princeton Mortgage Corporation 3 7.04% $12,289
The Loan Store, Inc. 3 5.83% $13,099
Truist 3 6.57% $7,747
UNITED 3 6.38% $9,260
AFFORDABLE MORTGAGE ADVISORS, LLC. 2 7.25% $11,726
MILLENIUM HOME MORTGAGE, LLC 2 6.00% $14,476
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.19% $18,417
GREENWAY MORTGAGE FUNDING CORP. 2 6.50% $14,005
NATION ONE MORTGAGE CORPORATION 2 6.88% $11,866
Flanagan State Bank 2 6.75% $7,021
NEW DAY FINANCIAL, LLC 2 7.87% $4,082
FIRST HOME MORTGAGE CORPORATION 2 6.75% $11,224
NORWICH COMMERCIAL GROUP, INC. 2 6.75% $13,323
First Citizens Community Bank 2 6.44% $11,210
OceanFirst Bank 2 6.00% $12,419
OCMBC, INC. 2 7.13% $18,900
EQUITY RESOURCES, INC. 2 7.00% $7,484
PNC Bank 2 6.63% $9,150
POLARIS HOME FUNDING CORP. 2 6.13% $15,025
City Lending Inc. 2 7.06% $17,023
CHURCHILL MORTGAGE CORPORATION 2 6.13% $16,087
ROYAL UNITED MORTGAGE LLC 2 6.44% $8,178
Semper Home Loans, Inc. 2 6.88% $10,416
BETTER MORTGAGE CORPORATION 2 6.50% $9,463
BAY EQUITY LLC 2 6.56% $9,020
Barrington Bank & Trust Company, N.A. 2 6.00% $9,448
TD Bank 2 6.63% $6,372
TOP FLITE FINANCIAL, INC. 2 7.00% $26,823
Wells Fargo Bank 2 6.81% $7,572
AMERICAN FINANCIAL RESOURCES, INC. 2 6.88% $10,486
Alcova Mortgage LLC 2 7.06% $7,033
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 2 6.69% $11,545
OPEN MORTGAGE, LLC 1 7.75% $19,796
1ST PRIORITY MORTGAGE, INC. 1 6.25% $12,807
FIRST ALLIANCE HOME MORTGAGE, LLC 1 5.50% $20,708
Fifth Third Bank 1 6.13% $8,231
PHH Mortgage Corporation 1 6.63% $17,198
FIDELITY DIRECT MORTGAGE, LLC 1 5.75% $8,404
MEMBER FIRST MORTGAGE, LLC 1 6.88% $5,712
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.63% $8,525
TOWNE MORTGAGE COMPANY 1 5.25% $11,811
MEMBERS 1ST FEDERAL CREDIT UNION 1 6.00% $9,394
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $10,520
1st Colonial Community Bank 1 6.38% $9,505
Meridian Bank Corporation 1 7.38% $11,087
Provident Bank 1 6.63% $10,839
Citizens Bank 1 5.88% $6,757
CIBM Bank 1 7.13% $11,321
ZILLOW HOME LOANS, LLC 1 6.25% $13,183
Capital Bank 1 6.99% $14,235
United Bank 1 5.75% $11,652
MICHIGAN MUTUAL, INC. 1 6.75% $9,681
MLB RESIDENTIAL LENDING, LLC 1 7.75% $17,448
HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.50% $9,097
Hometown Equity Mortgage, LLC 1 5.25% $14,459
HOMESTEAD FUNDING CORP. 1 6.50% $8,307
STOCKTON MORTGAGE CORPORATION 1 6.75% $13,336
U.S. Bank 1 6.00% $11,545
HARTFORD FUNDING, LTD. 1 5.75% $24,017
GUARANTEED RATE AFFINITY, LLC 1 5.75% $9,812
JPMorgan Chase Bank 1 7.25% $8,151
GREENTREE MORTGAGE COMPANY, L.P. 1 7.00% $14,794
MY MORTGAGE, INC. 1 6.75% $24,359
Magnolia Bank 1 6.13% $14,632
VERITAS FUNDING, LLC 1 6.50% $14,013
GENEVA FINANCIAL, LLC 1 6.63% $21,414
Gateway First Bank 1 6.63% $8,040
SWBC MORTGAGE CORPORATION 1 6.63% $4,448
NETWORK CAPITAL FUNDING CORPORATION 1 6.25% $24,922
AHL FUNDING 1 6.63% $13,032
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 7.25% $12,275
First Federal Bank 1 5.75% $8,493
FIRST COMMUNITY MORTGAGE, INC. 1 7.63% $14,479
NMSI, INC. 1 6.25% $11,900
Texana Bank 1 5.75% $9,438
Arvest Bank 1 6.50% $9,116
Waterstone Mortgage Corporation 1 7.25% $11,776
TIDEWATER MORTGAGE SERVICES, INC. 1 6.50% $15,608

The top Allentown FHA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 214 FHA loans originated. Their average total fees are $12,382, which is $190 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Allentown FHA lenders (with over 10 loans originated) are Flagstar Bank, FSB ($8,774), Mortgage America, Inc. ($9,522), Firstrust Savings Bank ($9,897), PLANET HOME LENDING, LLC ($9,996) and PENNYMAC LOAN SERVICES, LLC ($10,826).

The lowest rate Allentown FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.80%), NVR Mortgage Finance, Inc. (6.04%), SUN WEST MORTGAGE COMPANY, INC. (6.11%), NFM, INC. (6.11%) and Carrington Mortgage Services, LLC (6.15%).

Allentown FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ WARREN 2022 $420,680 $538,650 $651,050 $809,150
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ CARBON 2022 $420,680 $538,650 $651,050 $809,150
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ LEHIGH 2022 $420,680 $538,650 $651,050 $809,150
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ NORTHAMPTON 2022 $420,680 $538,650 $651,050 $809,150
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ WARREN 2023 $472,030 $604,400 $730,525 $907,900
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ CARBON 2023 $472,030 $604,400 $730,525 $907,900
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ LEHIGH 2023 $472,030 $604,400 $730,525 $907,900
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ NORTHAMPTON 2023 $472,030 $604,400 $730,525 $907,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Allentown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $209,950 (10.5%) $277,450 (9.7%) 0.78 2,746
2018-02-01 $214,100 (8.7%) $281,179 (10.1%) 0.78 2,659
2018-03-01 $225,000 (10.6%) $286,535 (8.8%) 0.79 2,646
2018-04-01 $229,900 (6.9%) $288,830 (7.2%) 0.78 2,736
2018-05-01 $234,900 (7.0%) $292,776 (6.0%) 0.78 2,957
2018-06-01 $234,900 (6.8%) $295,514 (5.0%) 0.78 3,113
2018-07-01 $234,125 (6.4%) $292,754 (4.1%) 0.78 3,272
2018-08-01 $229,900 (4.6%) $288,102 (2.6%) 0.77 3,401
2018-09-01 $225,000 (1.4%) $284,812 (0.4%) 0.76 3,549
2018-10-01 $224,900 (1.8%) $284,526 (-0.4%) 0.76 3,528
2018-11-01 $219,900 (0.0%) $284,032 (0.2%) 0.75 3,361
2018-12-01 $219,000 (-0.4%) $282,342 (0.4%) 0.76 3,060
2019-01-01 $214,900 (2.4%) $277,306 (-0.1%) 0.74 2,835
2019-02-01 $219,900 (2.7%) $282,161 (0.4%) 0.74 2,759
2019-03-01 $215,614 (-4.2%) $275,107 (-4.0%) 0.71 2,955
2019-04-01 $210,664 (-8.4%) $269,364 (-6.7%) 0.67 3,275
2019-05-01 $215,950 (-8.1%) $272,045 (-7.1%) 0.67 3,387
2019-06-01 $219,900 (-6.4%) $273,973 (-7.3%) 0.69 3,492
2019-07-01 $224,075 (-4.3%) $271,718 (-7.2%) 0.70 3,520
2019-08-01 $218,564 (-4.9%) $269,869 (-6.3%) 0.69 3,510
2019-09-01 $216,559 (-3.8%) $271,738 (-4.6%) 0.69 3,463
2019-10-01 $215,223 (-4.3%) $274,110 (-3.7%) 0.69 3,397
2019-11-01 $235,000 (6.9%) $295,610 (4.1%) 0.77 2,623
2019-12-01 $232,450 (6.1%) $299,337 (6.0%) 0.78 2,358
2020-01-01 $234,375 (9.1%) $299,983 (8.2%) 0.78 2,086
2020-02-01 $243,900 (10.9%) $306,019 (8.5%) 0.80 1,914
2020-03-01 $254,950 (18.2%) $310,492 (12.9%) 0.80 1,917
2020-04-01 $258,925 (22.9%) $317,103 (17.7%) 0.81 1,709
2020-05-01 $259,900 (20.4%) $317,136 (16.6%) 0.79 1,672
2020-06-01 $259,950 (18.2%) $321,028 (17.2%) 0.77 1,687
2020-07-01 $269,575 (20.3%) $331,283 (21.9%) 0.78 1,521
2020-08-01 $272,850 (24.8%) $340,840 (26.3%) 0.78 1,486
2020-09-01 $277,450 (28.1%) $353,872 (30.2%) 0.80 1,449
2020-10-01 $269,900 (25.4%) $352,940 (28.8%) 0.77 1,497
2020-11-01 $269,975 (14.9%) $361,992 (22.5%) 0.79 1,358
2020-12-01 $274,950 (18.3%) $367,376 (22.7%) 0.82 1,207
2021-01-01 $279,000 (19.0%) $382,983 (27.7%) 0.83 999
2021-02-01 $294,950 (20.9%) $395,986 (29.4%) 0.86 875
2021-03-01 $289,925 (13.7%) $392,825 (26.5%) 0.82 910
2021-04-01 $290,400 (12.2%) $389,614 (22.9%) 0.79 1,014
2021-05-01 $299,900 (15.4%) $399,114 (25.9%) 0.80 1,078
2021-06-01 $299,900 (15.4%) $402,787 (25.5%) 0.79 1,216
2021-07-01 $299,000 (10.9%) $398,189 (20.2%) 0.79 1,377
2021-08-01 $299,450 (9.8%) $394,909 (15.9%) 0.80 1,383
2021-09-01 $299,800 (8.1%) $393,460 (11.2%) 0.80 1,364
2021-10-01 $299,000 (10.8%) $388,932 (10.2%) 0.80 1,322
2021-11-01 $299,900 (11.1%) $393,446 (8.7%) 0.80 1,151
2021-12-01 $299,900 (9.1%) $400,403 (9.0%) 0.81 935
2022-01-01 $307,500 (10.2%) $410,070 (7.1%) 0.83 766
2022-02-01 $297,450 (0.9%) $406,293 (2.6%) 0.77 719
2022-03-01 $309,250 (6.7%) $413,621 (5.3%) 0.77 715
2022-04-01 $328,880 (13.3%) $438,487 (12.5%) 0.78 767
2022-05-01 $349,900 (16.7%) $440,064 (10.3%) 0.80 993
2022-06-01 $353,950 (18.0%) $446,609 (10.9%) 0.79 1,157
2022-07-01 $350,000 (17.1%) $433,911 (9.0%) 0.79 1,344
2022-08-01 $354,533 (18.4%) $440,247 (11.5%) 0.82 1,322
2022-09-01 $355,860 (18.7%) $437,888 (11.3%) 0.83 1,271
2022-10-01 $350,000 (17.1%) $441,554 (13.5%) 0.82 1,320
2022-11-01 $351,033 (17.1%) $444,365 (12.9%) 0.84 1,298
2022-12-01 $365,000 (21.7%) $471,309 (17.7%) 0.90 1,104
2023-01-01 $357,450 (16.2%) $468,259 (14.2%) 0.89 971
2023-02-01 $361,950 (21.7%) $467,010 (14.9%) 0.87 864
2023-03-01 $375,000 (21.3%) $470,556 (13.8%) 0.88 797
2023-04-01 $379,900 (15.5%) $490,464 (11.9%) 0.88 821
2023-05-01 $385,000 (10.0%) $497,606 (13.1%) 0.87 878
2023-06-01 $377,450 (6.6%) $487,985 (9.3%) 0.85 958
2023-07-01 $375,000 (7.1%) $491,214 (13.2%) 0.85 959
2023-08-01 $379,900 (7.2%) $483,328 (9.8%) 0.87 1,005
2023-09-01 $379,250 (6.6%) $481,338 (9.9%) 0.88 1,005
2023-10-01 $370,450 (5.8%) $477,050 (8.0%) 0.87 1,051
2023-11-01 $365,000 (4.0%) $483,381 (8.8%) 0.87 1,050
2023-12-01 $369,900 (1.3%) $492,052 (4.4%) 0.90 1,000
2024-01-01 $369,800 (3.5%) $491,779 (5.0%) 0.90 873
2024-02-01 $369,900 (2.2%) $483,958 (3.6%) 0.89 894
2024-03-01 $389,000 (3.7%) $500,003 (6.3%) 0.92 889
2024-04-01 $387,348 (2.0%) $495,345 (1.0%) 0.90 951
2024-05-01 $397,225 (3.2%) $505,649 (1.6%) 0.90 1,049
2024-06-01 $391,450 (3.7%) $507,304 (4.0%) 0.89 1,145
2024-07-01 $392,425 (4.7%) $497,785 (1.3%) 0.90 1,280
2024-08-01 $380,000 (0.0%) $485,775 (0.5%) 0.88 1,332
2024-09-01 $386,998 (2.0%) $485,188 (0.8%) 0.91 1,340
2024-10-01 $382,450 (3.2%) $484,254 (1.5%) 0.90 1,320
2024-11-01 $384,900 (5.5%) $490,679 (1.5%) 0.92 1,294
2024-12-01 $374,450 (1.2%) $489,786 (-0.5%) 0.93 1,189
2025-01-01 $372,450 (0.7%) $486,836 (-1.0%) 0.93 1,033
2025-02-01 $376,250 (1.7%) $476,490 (-1.5%) 0.91 981
2025-03-01 $385,000 (-1.0%) $483,581 (-3.3%) 0.00 996
Allentown's median listing price for 2025-03-01 was $385,000, a difference of $-4,000 (-1.0%) versus the prior year and $8,750 versus the prior month.

Allentown's median listing price comes in at 0% of the national average.

Allentown's average listing price for 2025-03-01 was $483,581, a difference of $-16,422 (-3.3%) versus the prior year and $7,091 versus the prior month.

For the 2025-03-01 period, Allentown had 996 MLS listings, a difference of 15 listings (2%) versus the prior month and 107 listings (12%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Allentown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 84 days 1,828 sqft
2018-02-01 80 days 1,845 sqft
2018-03-01 60 days 1,888 sqft
2018-04-01 54 days 1,900 sqft
2018-05-01 44 days 1,895 sqft
2018-06-01 47 days 1,905 sqft
2018-07-01 52 days 1,898 sqft
2018-08-01 54 days 1,870 sqft
2018-09-01 59 days 1,844 sqft
2018-10-01 65 days 1,835 sqft
2018-11-01 69 days 1,832 sqft
2018-12-01 75 days 1,822 sqft
2019-01-01 82 days 1,809 sqft
2019-02-01 78 days 1,812 sqft
2019-03-01 65 days 1,839 sqft
2019-04-01 53 days 1,889 sqft
2019-05-01 50 days 1,958 sqft
2019-06-01 54 days 1,986 sqft
2019-07-01 59 days 1,993 sqft
2019-08-01 59 days 1,949 sqft
2019-09-01 61 days 1,933 sqft
2019-10-01 63 days 1,934 sqft
2019-11-01 61 days 1,930 sqft
2019-12-01 74 days 1,912 sqft
2020-01-01 81 days 1,902 sqft
2020-02-01 71 days 1,884 sqft
2020-03-01 47 days 1,924 sqft
2020-04-01 62 days 1,934 sqft
2020-05-01 73 days 1,921 sqft
2020-06-01 35 days 1,905 sqft
2020-07-01 31 days 1,887 sqft
2020-08-01 30 days 1,872 sqft
2020-09-01 32 days 1,896 sqft
2020-10-01 31 days 1,842 sqft
2020-11-01 38 days 1,812 sqft
2020-12-01 47 days 1,814 sqft
2021-01-01 57 days 1,818 sqft
2021-02-01 47 days 1,913 sqft
2021-03-01 25 days 1,926 sqft
2021-04-01 22 days 1,937 sqft
2021-05-01 20 days 1,990 sqft
2021-06-01 20 days 1,991 sqft
2021-07-01 24 days 1,931 sqft
2021-08-01 30 days 1,923 sqft
2021-09-01 36 days 1,925 sqft
2021-10-01 37 days 1,900 sqft
2021-11-01 38 days 1,885 sqft
2021-12-01 49 days 1,880 sqft
2022-01-01 48 days 1,920 sqft
2022-02-01 27 days 1,866 sqft
2022-03-01 19 days 1,924 sqft
2022-04-01 16 days 1,972 sqft
2022-05-01 16 days 2,032 sqft
2022-06-01 20 days 2,062 sqft
2022-07-01 26 days 2,016 sqft
2022-08-01 35 days 2,002 sqft
2022-09-01 42 days 2,012 sqft
2022-10-01 39 days 1,985 sqft
2022-11-01 45 days 1,977 sqft
2022-12-01 59 days 2,012 sqft
2023-01-01 60 days 1,980 sqft
2023-02-01 43 days 1,968 sqft
2023-03-01 37 days 1,971 sqft
2023-04-01 31 days 2,000 sqft
2023-05-01 25 days 2,000 sqft
2023-06-01 29 days 1,975 sqft
2023-07-01 30 days 2,005 sqft
2023-08-01 32 days 2,011 sqft
2023-09-01 34 days 1,966 sqft
2023-10-01 36 days 1,949 sqft
2023-11-01 39 days 1,935 sqft
2023-12-01 49 days 1,950 sqft
2024-01-01 52 days 1,955 sqft
2024-02-01 38 days 1,976 sqft
2024-03-01 37 days 1,978 sqft
2024-04-01 30 days 2,001 sqft
2024-05-01 25 days 2,005 sqft
2024-06-01 30 days 1,977 sqft
2024-07-01 34 days 2,000 sqft
2024-08-01 36 days 1,966 sqft
2024-09-01 39 days 1,983 sqft
2024-10-01 37 days 1,916 sqft
2024-11-01 41 days 1,904 sqft
2024-12-01 52 days 1,877 sqft
2025-01-01 58 days 1,880 sqft
2025-02-01 50 days 1,872 sqft
2025-03-01 0 days 1,878 sqft
Allentown's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Allentown's median square footage for active listings during the 2025-03-01 period was 1,878 sqft. One year prior, the average listing was 1,978 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).