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Featured local agent — Scranton, PA
Sarah Mitchell
Compass Real Estate · Scranton, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Scranton, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$190,000median sale price
How is the Scranton, PA housing market right now?
The median home sale price in Scranton, PA is $190,000, down 5.0% year-over-year. Homes sell in an average of 15 days with 146 active listings. The market is currently a 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 Scranton a buyer's or seller's market?
Scranton, PA is currently a seller's market, based on 2.9 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
51
Last 12 weeks
Days on market
15
Fast-moving
Active listings
146
2.9 months supply
Sale-to-list
98.6%
Below asking
What does the Scranton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $190,000 |
| Median list price | $234,500 |
| Year-over-year price change | -5.0% |
| Average days on market | 15 days |
| Active inventory | 146 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $114/sq ft |
| Homes sold (latest month) | 51 |
| New listings (latest month) | 95 |
| Listings with a price cut | 26.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Scranton by property type?
How the Scranton, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $190,000 | $124/sq ft | 34 | 23 days |
| Condo / Co-op | $283,000 | $166/sq ft | 3 | 214 days |
| Townhouse | $175,000 | $139/sq ft | 1 | 11 days |
Source: Redfin · Updated monthly
The Scranton housing market is currently classified as a seller's market with a median sale price of $190,000. Prices have fallen 5.0% compared to last year, with homes spending an average of 15 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Scranton
There are currently 146 homes listed for sale in Scranton, Pennsylvania. The median listing price is $235K.
Active listings
146
Homes on market
Median list price
$235K
Avg. days on market
15
Days until sale
New this week
95
Newly listed
Who lives in Scranton?
Population
76,074
Median income
$49,531/yr
Median age
37.7 years
Owner-occupied
50.7%
College grads
22.8%
Avg commute
19.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Scranton?
Zillow home value
$205,566
Zillow rent index
$1,315/mo
Price-to-rent ratio
13.0x
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Scranton?
Scranton is a community of approximately 76K residents with a median age of 37.7 years.The median household income is $49,531, which represents a working-class community with solid middle-income opportunities. 22.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 50.7%, showing a blend of owner and renter-occupied properties. The average commute time is 19.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Scranton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Scranton?
17 schools tracked · 9,546 students
The largest public schools serving Scranton, PA 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.
Scranton HS
Grades 7-12 · 1,819 students
West Scranton HS
Grades 9-12 · 1,404 students
Northeast Intrmd Sch
Grades 5-8 · 923 students
West Scranton Intrmd Sch
Grades 5-8 · 840 students
South Scranton Intrmd Sch
Grades 5-8 · 781 students
Isaac Tripp El Sch
Grades K-4 · 672 students
John G Whittier #2
Grades K-4 · 452 students
Neil Armstrong #40
Grades K-4 · 427 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 Scranton, PA?
Want a head-to-head view? Compare Scranton side-by-side with any other U.S. city using our market-comparison tool.
Is Scranton a good real estate investment market?
For investors evaluating Scranton, the price-to-rent ratio of 13.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 5.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Scranton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Scranton's median home price.
Frequently asked questions
What is the average home price in Scranton?
The median home sale price in Scranton is $190,000, down 5.0% from last year.
How long do homes stay on market in Scranton?
Homes typically spend 15 days on market before going under contract.
What is the median income in Scranton?
The median household income is $49,531 per year.
Is Scranton a buyer's or seller's market?
With 2.9 months of supply, Scranton is currently a seller's market.
What is the Zillow home value estimate for Scranton?
The Zillow Home Value Index (ZHVI) for Scranton is $205,566, representing the typical home value in the area.
What is the median condo price in Scranton?
The median condo/co-op sale price in Scranton, PA is $283,000, compared to $190,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Scranton?
The median single-family home price in Scranton, PA is $190,000 (about $124 per square foot).
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