Allentown Housing Market Report February 2025•Santa Rosa County, Florida

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Housing Prices in Allentown, FL

How much do homes in Allentown, FL cost?

Housing Market Conditions

Is Allentown, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Allentown is a Buyer's Market

Difference Since February 2024

At the same time last year, Allentown was a Seller's Market.

Insight

Allentown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$400,253$196/SqFt
+$90,258
+29.1%

Based on all homes sold in the last 12 months

Insight

Homes in Allentown have sold for 29.1% more than they did a year ago.

Summary: The median home sold price in Allentown was $400,253 in February 2025, up 29.1% from last year, and the median price per square foot was $196.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Allentown
+29.1%
Skyline
+3.4%
Pace
+1.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$325K$167.5K
-48.5%
3$287.5K$319.9K
+11.3%
4$309.9K$453.9K
+46.5%
5$629.9K$1.1M
+83.3%

Summary: Allentown housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -48.5%. The home price for 3 bedroom homes increased by +11.3%. The home price for 4 bedroom homes increased by +46.5%. The home price for 5 bedroom homes increased by +83.3%.

How does Allentown, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Allentown, FL

Housing supply in Allentown, FL

How many homes are available in Allentown, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
39Last MonthFeb 2025
412 months agoJan 2025
-4.9 %
Change MoMJan – Feb

Summary: The Allentown real estate market had 39 homes for sale in Feb 2025, a 4.9 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthFeb 2025
52 months agoJan 2025
0.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
211
0.0%
32118
-14.3%
41515
0.0%
545
+25.0%

Summary: Allentown housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -14.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +25.0%.

Asking Price vs. Sold Price

How much do homes in Allentown, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in Allentown, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Allentown in February 2025, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and and 50% were sold over asking.

Days on Market for Allentown, FL

How long does it take to sell a home in Allentown, FL?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days0 Home

Over 90 Days2 Homes

Insight

Many homes in Allentown are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 5 homes were sold in Allentown; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
54 DaysThis YearFeb 2025
95 Days1 year agoFeb 2024
-43.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Allentown had an average listing age of 54 days in Feb 2025, down by 43.0% compared to the previous year.

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Newest Listings in Allentown, FL

What homes are available in Allentown, FL?

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MLS Disclaimers and Copyright

Based on information from Pensacola MLS, for the period 03/01/2023 - 03/01/2025

Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.