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Sarah Mitchell

CNESRESABR

Compass Real Estate · Scranton, PA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Scranton, PA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Scranton, PA Housing Market & Real Estate

Seller's market-5.0% YoY

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?

Seller's market2.9 months of supply15 avg. days on 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?

Current housing market statistics for Scranton, PA
MetricValue
Median sale price$190,000
Median list price$234,500
Year-over-year price change-5.0%
Average days on market15 days
Active inventory146 listings
Months of supply2.9 months
Sale-to-list price ratio98.6%
Median price per sq ft$114/sq ft
Homes sold (latest month)51
New listings (latest month)95
Listings with a price cut26.0%
Market conditionSeller'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.

Median price, price per square foot, homes sold and days on market by property type in Scranton, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$190,000$124/sq ft3423 days
Condo / Co-op$283,000$166/sq ft3214 days
Townhouse$175,000$139/sq ft111 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

Price drops:26.0%of listings
Sale-to-list:98.6%

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

Public

West Scranton HS

Grades 9-12 · 1,404 students

Public

Northeast Intrmd Sch

Grades 5-8 · 923 students

Public

West Scranton Intrmd Sch

Grades 5-8 · 840 students

Public

South Scranton Intrmd Sch

Grades 5-8 · 781 students

Public

Isaac Tripp El Sch

Grades K-4 · 672 students

Public

John G Whittier #2

Grades K-4 · 452 students

Public

Neil Armstrong #40

Grades K-4 · 427 students

Public

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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