Why Live in Allerton
Allerton, located in the Bronx, is a diverse and primarily residential neighborhood with a vibrant commercial scene along Allerton Avenue. The area is known for its cultural diversity, with 44 percent of residents being immigrants. Housing in Allerton primarily consists of brick-clad, mid-rise apartment buildings, with over 80 percent of locals renting. Homebuyers can find one- and two-bedroom condos and co-ops near Bronx Park, while multifamily houses are more common east of U.S. 1. A small number of detached, single-family colonial revivals are also present but rarely available. The neighborhood is bordered by Bronx Park to the west, home to the Bronx Zoo and New York Botanical Garden, both major attractions. Residents enjoy various amenities, including Waring Playground, Reiss Field, and Pelham Parkway, a 109-acre green space ideal for walking and biking. Allerton Avenue is the commercial hub, featuring small businesses, locally-owned restaurants, and grocery stores. Notable dining spots include Roma Pizza, Halal Chandni Chowk, and Latin Fusion. For shopping, the Mall at Bay Plaza is about 1 mile east. The neighborhood has several schools, including the highly-rated Collegiate Institute for Math & Science and High School of Language and Innovation. Transportation options include the 2 and 5 trains, five bus routes, and easy access to major highways. Safety in Allerton is comparable to the national average, making it a practical choice for potential homebuyers.
Home Trends in Allerton, NY
On average, homes in Allerton, Bronx sell after 51 days on the market compared to the national average of 70 days. The median sale price for homes in Allerton, Bronx over the last 12 months is $318,490.
Median Sale Price
$318,490
Median Single Family Sale Price
$318,490
Median 2 Bedroom Sale Price
$202,000
Average Price Per Sq Ft
$205
Number of Homes for Sale
4
Last 12 months Home Sales
31
Median List Price
$274,990
Median Change From 1st List Price
2%