Scranton, PA Home Values & Market Trends

Real estate market trends reflect that there have been 1,260 transactions over the past year in Scranton. The median value for residential home transactions that occurred over the previous year is $149,683.81. The number of current listings in Scranton is 90, and the percentage of properties for sale in the city is 90.00%. Scranton, PA currently has 13 properties in foreclosure, 4 bank owned properties, 4 properties headed for auction, and 90 properties for sale.

Scranton, PA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
18504

$ 131,700

$ 80/sqft

18509

$ 159,500

$ 94/sqft

18505

$ 144,350

$ 104/sqft

18519

$ 154,250

$ 121/sqft

18510

$ 147,050

$ 102/sqft

18503

$ --

$ --

18512

$ 186,350

$ 118/sqft

18515

$ --

$ --

18508

$ 115,600

$ 68/sqft

Housing Market Summary for Scranton, PA

Apr 2023March 2024Change
Median Listing Price$168K$142.9K-14.91%
Median Sold Price$126.1K$142.9K13.36%
Homes For Sale10384-18.45%
Homes Sold612548-10.46%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Scranton, PA

Scranton home values range from $38,670 to $2,414,970. The median estimated value of a home in Scranton is $149,683.81. The median list price of a home is 179,995, and the total count of properties in the city is 21,575.

Foreclosure
There are 9 zips within Scranton, PA; within these zips, the median estimated home value for homes in foreclosure ranges from $282,500 in 18504 to the lowest value of $73,130 in 18504. Foreclosure homes account for 0.00% of properties in Scranton, PA with 18504 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Scranton, PA with 18505 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 9 zips within Scranton, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $124,700 in 18504 to the lowest home value of $88,550 in 18508.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Scranton, PA ranges from the highest value of $0 in 18519 to the lowest value of $124,100 in 18504. Bank owned homes and properties account for 0.02% of properties in Scranton, PA. There are 9 zips within Scranton, PA; 18510 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    18504 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Scranton, PA. Auction homes and other auction properties account for 0.02% of all properties in Scranton, PA. There are 9 zips within Scranton, PA; of those zips, the median estimated home value for homes going to auction ranges from $102,300 in 18512 to the lowest value of $73,130 in 18512.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.42% of residential properties in Scranton, PA with 18504 containing 27 homes for sale, the highest number of listed properties in a single zip. There are 9 zips within Scranton, PA; homes for sale in those zips, have a range of median values from $415,000 in 18512 to the lowest value of $63,450 in 18505.
    Sold Homes
    The median value for recently sold homes ranges from $265,100 in 18519 to the lowest price of $39,160 in 18519. There are 9 zips within Scranton, PA. 18504 has 192 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.81% of properties in Scranton, PA.

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      Guide for Scranton, PA

      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Scranton, PA

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