Scranton - PA housing market
The Scranton metro has a typical home value of $227,793, up 1.0% from a year ago. Homes are moving fast at 14 days on market - a strong seller's market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($227,793) is the Zillow Home Value Index for the Scranton - PA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.0% over the past year. In Scranton - PA, that means a home worth $225,538 last year is now worth roughly $227,793.
The median sale price , what homes actually close for , is $223,751. Homes are selling at 97.8% of list price, meaning buyers have room to negotiate.
Homes listed in Scranton - PA sit on the market for roughly 14 days before going pending. Shorter = seller's market; longer = buyer's market.
About 20.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 491 new listings hit the market each month in Scranton - PA. There are currently 1,261 homes for sale, up 2.5% from a year ago.
The typical monthly rent in Scranton - PA is $1,358, up 4.8% year over year. For investors, the price-to-rent ratio here is roughly 14x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in PA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Philadelphia - PA | $390,463 | +2.5% | 9.0d |
| Pittsburgh - PA | $231,356 | +0.8% | 9.0d |
| Allentown - PA | $363,989 | +3.0% | 8.0d |
| Harrisburg - PA | $312,126 | +3.5% | 7.0d |
| Lancaster - PA | $388,207 | +4.6% | 5.0d |
| York - PA | $309,967 | +3.6% | 6.0d |