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Allentown Home Sells for $550,000: Maple Street Three-Bedroom Property Sets Market Benchmark

  //house-home.news-articles.net/content/2025/12/1 .. hree-bedroom-property-sets-market-benchmark.html
  Published in House and Home on Friday, December 19th 2025 at 10:05 GMT by Lehigh Valley Live
      Locale: Pennsylvania, UNITED STATES

Allentown Home Sale: $550,000 Three‑Bedroom Property Closes—A Snapshot of the City’s Housing Market

In a recent real‑estate transaction that caught the attention of both buyers and sellers in Allentown, a three‑bedroom, two‑bathroom single‑family home at 2120 Maple Street closed at $550,000. The sale, reported by Lehigh Valley Live on December 17, 2025, offers a useful case study for anyone monitoring the city’s housing market, its price trends, and the types of properties that are in demand.

Property Overview

• Address: 2120 Maple Street, Allentown, PA 18104
• Square Footage: 2,300 sq ft (per the MLS listing linked in the article)
• Lot Size: 7,800 sq ft (approximately 0.18 acres)
• Bedrooms/Bathrooms: 3 bedrooms / 2 bathrooms
• Year Built: 1975 (renovated 2019)
• Price per Square Foot: $239 (the article cites the calculation based on the sale price and total living area)

The property sits on a modestly sized block in the bustling Washington Square neighborhood, an area that has seen steady appreciation over the past decade. The article links to a full‑page MLS detail page, which includes high‑resolution photos of the interior and exterior, a floor plan, and a list of recent upgrades—most notably a new HVAC system, updated kitchen cabinets, and a solar panel array that was installed in 2021.

Key Features Highlighted in the Sale

1. Updated Kitchen – The seller installed a contemporary island with a quartz countertop, energy‑efficient appliances, and a smart‑home thermostat.
2. Open‑Concept Living Area – A large, airy living room with hardwood floors and a new recessed lighting system.
3. Master Suite – A spacious master bedroom with a walk‑in closet and a renovated en‑suite bathroom featuring a dual‑vanity layout and a rain shower head.
4. Outdoor Space – A screened‑in patio with a built‑in grill, perfect for summer barbecues, and a landscaped backyard with a mature oak tree.
5. Energy Efficiency – Aside from the solar panels, the home boasts new double‑pane windows and a geothermal heat pump, both of which were highlighted in the listing’s “green” tag.

The article also notes that the property’s curb appeal is a strong selling point: a freshly painted exterior, well‑maintained siding, and a recently landscaped front yard.

Transaction Details

• Buyer: The transaction was brokered by Allentown Homes, Inc. through its listing agent, Jennifer Collins, who has a 10‑year track record in the Allentown market.
• Seller: Michael & Susan Thompson (the article mentions they are longtime residents who decided to downsize after their children moved out).
• Financing: The buyer secured a 30‑year fixed mortgage at a 3.75% interest rate, with the loan processed by First National Bank (linked in the article).
• Closing Date: December 5, 2025 – the article indicates a relatively quick closing process thanks to a streamlined escrow process and the seller’s willingness to accept a “clean” sale (no contingencies beyond standard financing and inspection).

Market Context

One of the most compelling parts of the article is the broader market analysis that the author provides. The piece cites a Lehigh Valley Economic Report (a link to the report is embedded) which states:

“Allentown’s median home price increased 7.5% over the last year, reflecting a steady buyer demand driven by lower mortgage rates and the city’s ongoing redevelopment initiatives. The average price per square foot for single‑family homes in the Washington Square area is $230, placing the Maple Street sale well above the neighborhood median but still within the acceptable range for comparable homes.”

The article references the Pennsylvania Association of Realtors data, which confirms that the Allentown market remains “hot” compared to the rest of the state. The author also notes that recent zoning changes—specifically the allowance for “mixed‑use” developments—are likely to push up values in the coming years.

Neighborhood Snapshot

The article goes beyond the transaction to paint a picture of Washington Square. It links to a local community page that highlights:

• Walkability Score: 65/100 (according to Walk Score, linked).
• Amenities: Several parks, a community center, and the Washington Square Public Library just two blocks away.
• Schools: The home is zoned for Maple Ridge Elementary, Pineview Middle School, and Allentown High School, all of which have received favorable ratings in recent years.
• Transportation: Easy access to Interstate 78, a public bus line that runs to downtown Allentown, and the planned extension of the PA 309 commuter rail line.

Implications for Buyers and Sellers

• Buyers: The sale demonstrates that a moderately priced three‑bedroom home with recent upgrades can command a premium above the neighborhood median when it’s in a desirable location. Buyers looking for energy‑efficient features may find this example compelling.
• Sellers: The article underscores the importance of staging and renovations. The Thompsons’ willingness to invest in a solar array and updated interior finishes helped to close the deal quickly. Sellers in similar neighborhoods should consider the same upgrades as part of their selling strategy.

Related Articles and Resources

The article includes several links that provide further context:

1. “Allentown Housing Market Outlook 2026” – A comprehensive forecast that projects a 5% year‑over‑year appreciation.
2. “How Solar Panels Impact Home Values in Pennsylvania” – An in‑depth analysis linking to the Pennsylvania Solar Energy Association.
3. “First National Bank’s Mortgage Rate Tracker” – Provides real‑time updates on the best available mortgage rates, a useful resource for potential buyers.
4. “Neighborhood Watch: Washington Square” – A community‑driven page that offers crime statistics and resident testimonials.

These resources collectively reinforce the article’s narrative that Allentown remains an attractive market for both buyers and sellers, especially for homes that combine solid fundamentals (location, size, and price) with modern conveniences.

Final Takeaway

The 12 December 2025 sale of the Maple Street home for $550,000 is more than a headline—it's a microcosm of Allentown’s evolving real‑estate landscape. The property’s strategic upgrades, prime location in Washington Square, and the broader economic trends cited in the article illustrate why the city continues to attract buyers, even in an era of rising interest rates. For anyone eyeing the Lehigh Valley, this transaction serves as a useful benchmark: the right mix of location, quality, and modern amenities can translate into a successful sale—and a promising investment—for buyers and sellers alike.