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Featured local agent — Lackawanna, NY
Sarah Mitchell
Compass Real Estate · Lackawanna, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lackawanna, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$180,000median sale price
How is the Lackawanna, NY housing market right now?
The median home sale price in Lackawanna, NY is $180,000, down 11.8% year-over-year. Homes sell in an average of 10 days with 16 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lackawanna a buyer's or seller's market?
Lackawanna, NY is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
10
Fast-moving
Active listings
16
2.0 months supply
Sale-to-list
110.4%
Above asking
What does the Lackawanna housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $180,000 |
| Median list price | $247,400 |
| Year-over-year price change | -11.8% |
| Average days on market | 10 days |
| Active inventory | 16 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 110.4% |
| Median price per sq ft | $126/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 10 |
| Listings with a price cut | 18.8% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lackawanna by property type?
How the Lackawanna, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $180,000 | $134/sq ft | 6 | 10 days |
| Townhouse | $130,000 | $57/sq ft | 1 | 48 days |
Source: Redfin · Updated monthly
The Lackawanna housing market is currently classified as a strong seller's market with a median sale price of $180,000. Prices have fallen 11.8% compared to last year, with homes spending an average of 10 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lackawanna
There are currently 16 homes listed for sale in Lackawanna, New York. The median listing price is $247K.
Active listings
16
Homes on market
Median list price
$247K
Avg. days on market
10
Days until sale
New this week
10
Newly listed
Who lives in Lackawanna?
Population
19,779
Median income
$48,185/yr
Median age
38.2 years
Owner-occupied
55.1%
College grads
20.0%
Avg commute
20.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Lackawanna?
Lackawanna is a community of approximately 20K residents with a median age of 38.2 years.The median household income is $48,185, which represents a working-class community with solid middle-income opportunities. 20.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.1%, showing a blend of owner and renter-occupied properties. The average commute time is 20.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lackawanna offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lackawanna?
5 schools tracked · 2,919 students
The largest public schools serving Lackawanna, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GLOBAL CONCEPTS CHARTER SCHOOL
Grades K-12 · 858 students
LACKAWANNA HIGH SCHOOL
Grades 9-12 · 645 students
MARTIN ROAD ELEMENTARY SCHOOL
Grades 2-5 · 570 students
LACKAWANNA MIDDLE SCHOOL
Grades 6-8 · 440 students
TRUMAN ELEMENTARY SCHOOL
Grades PK-2 · 406 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lackawanna, NY?
Want a head-to-head view? Compare Lackawanna side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lackawanna?
The median home sale price in Lackawanna is $180,000, down 11.8% from last year.
How long do homes stay on market in Lackawanna?
Homes typically spend 10 days on market before going under contract.
What is the median income in Lackawanna?
The median household income is $48,185 per year.
Is Lackawanna a buyer's or seller's market?
With 2.0 months of supply, Lackawanna is currently a strong seller's market.
How much does a single-family home cost in Lackawanna?
The median single-family home price in Lackawanna, NY is $180,000 (about $134 per square foot).
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