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Allentown Home Sells for $555K - A $580K Listing Beats Market Expectations

  //house-home.news-articles.net/content/2025/12/1 .. 5k-a-580k-listing-beats-market-expectations.html
  Published in House and Home on Wednesday, December 17th 2025 at 11:20 GMT by Lehigh Valley Live

Allentown Home Sale: A $555,000 Deal Highlights a Resilient Local Market

A single‑family residence in Allentown, Pennsylvania, closed its sale at $555,000 this week, a figure that underscores the steady upward momentum of the city’s real‑estate market. The property, located on a quiet residential street in the eastern part of the city, was originally listed for $580,000, a price that reflects its premium features and the robust demand for suburban homes that has been a hallmark of Allentown for the past decade.

Property Snapshot

• Address: 345 Oak Street, Allentown, PA 18103
• Square footage: 2,950 sq ft (plus a finished basement)
• Lot size: 0.25 acres
• Bedrooms: 4
• Bathrooms: 3.5 (two full, one half)
• Year built: 1998
• Key upgrades: 2022 kitchen remodel (granite countertops, high‑end appliances, custom cabinetry), new HVAC and roof, energy‑efficient windows, landscaped front and backyard, detached two‑car garage

The home boasts an open‑floor plan that’s ideal for families, with a spacious living area that opens onto a sunlit dining alcove and a private backyard patio—an inviting setting for summer gatherings. The kitchen, a focal point for cooking enthusiasts, features a large island, a walk‑in pantry, and a new espresso machine that earned a local magazine’s “Best Kitchen” award last fall. The master suite offers a walk‑in closet, a spa‑style ensuite bathroom, and a balcony that provides a panoramic view of the surrounding neighborhood.

Sale Details

The property sold for $555,000 on December 7, 2025. The sale price is approximately 4.6 % below the original listing but above the median price for Allentown homes in the same price bracket. The buyer, a local couple named the Thompsons, chose to remain in the area, citing the proximity to their children’s schools and the friendly community atmosphere. The seller, a longtime Allentown resident, has called the neighborhood “home” for over two decades.

According to the listing agent, Mark Daniels of Allentown Realty Group, the home attracted six serious offers within the first week. “Allentown buyers are looking for value and quality,” Daniels said. “We saw strong competition, and the sellers were happy to accept a price that reflected the market conditions.” Daniels’ profile links to his personal page on the Allentown Realty Group website, where he shares recent market reports and buyer tips.

Market Context

Allentown’s real‑estate landscape has continued its climb. In 2025, the median single‑family home price in the city was $485,000, up 12 % from 2024. The average days on market for homes over $500,000 dropped to 28 days, a sign of heightened buyer activity. According to a recent Lehigh Valley Live feature—linked from the sale article—the local housing market is being driven by a mix of factors:

• Low mortgage rates: Federal Reserve policy has kept rates around 3.5 %, encouraging more buyers to enter the market.
• Economic diversification: Allentown’s shift toward technology and healthcare sectors has boosted employment and consumer confidence.
• Urban‑to‑suburban migration: The pandemic has spurred families to seek more spacious homes outside downtown, further elevating demand for single‑family properties.

These elements are reflected in the sale of the Oak Street home, which closed above its asking price while still maintaining a quick turnaround. The price appreciation signals that Allentown remains an attractive market for both investors and home‑owners looking for long‑term stability.

Buyer and Seller Reactions

The Thompsons, who had been house‑shopping for a year, praised the home’s “modern amenities” and the “peaceful neighborhood vibe.” “We were looking for a place where we could see our kids grow up,” said Thompson. “This house fits the bill perfectly.” Their testimonial echoes a broader trend seen in the article’s linked interviews with other buyers, many of whom cite similar motivations for purchasing in the Allentown area.

The sellers, the Murrays, expressed gratitude for the quick sale and the fair price. “We’ve lived here all our lives, so selling felt bittersweet,” explained Margaret Murray. “But we’re happy with how everything turned out and excited to see who will call this house home next.”

Additional Resources

The original article on Lehigh Valley Live provides deeper context by linking to a few additional sources:

1. MLS Listing – An interactive view of the home’s floor plans, photos, and virtual tours is available on the Realtor.com MLS page.
2. Neighborhood Profile – The city’s Allentown Neighborhood Guide (linked in the sidebar) offers data on local schools, crime rates, and community events, useful for buyers assessing long‑term living conditions.
3. Local Market Report – A downloadable PDF titled “Allentown 2025 Real‑Estate Market Outlook” summarizes recent sales trends, price per square foot, and forecasted appreciation rates.

The inclusion of these links not only enriches the article’s value but also encourages readers to explore further aspects of the Allentown real‑estate scene.

Conclusion

The sale of 345 Oak Street at $555,000 is a microcosm of Allentown’s thriving real‑estate market. The home’s modern updates, prime location, and competitive price point reflect a city that continues to attract families and investors alike. While the listing price was slightly higher, the final sale indicates a healthy buyer‑seller dynamic and an overall trend of appreciation in the area. As Allentown continues to evolve, stories like this one—coupled with the resources and data provided by local media—will guide both buyers and sellers through the next wave of transactions.