PA · Metro #101

Scranton - PA housing market

The Scranton metro has a typical home value of $230,799, up 1.9% from a year ago. Homes are moving fast at 13 days on market, a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$230,799
+1.9% vs. year ago
Median sale price
$223,317
+8.4% YoY
Median list price
$262,817
Sale-to-list ratio
99.1%
Selling below ask
Days on market
13d
Listings w/ price cut
22.0%
New listings / mo
553
+7.4% YoY
Homes for sale
1,432
+5.2% YoY
Typical rent
$1,333/mo
+3.2% YoY
Context

How to read this data

The typical home value ($230,799) 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 1.9% over the past year. In Scranton - PA, that means a home worth $226,496 last year is now worth roughly $230,799.

The median sale price, what homes actually close for, is $223,317. Homes are selling at 99.1% of list price, meaning buyers have room to negotiate.

Homes listed in Scranton - PA sit on the market for roughly 13 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 553 new listings hit the market each month in Scranton - PA. There are currently 1,432 homes for sale, up 5.2% from a year ago.

The typical monthly rent in Scranton - PA is $1,333, up 3.2% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.4x, buying territory (#157 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,187 a month in principal and interest, $146 less than renting before taxes, insurance and upkeep. The two break even at a 7.83% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in PA

MetroHome value1-yr changeDays on market
Philadelphia - PA$392,329 +2.5% 12.0d
Pittsburgh - PA$231,708 +0.3% 11.0d
Allentown - PA$368,621 +3.2% 9.0d
Harrisburg - PA$312,861 +3.1% 8.0d
Lancaster - PA$390,025 +4.6% 6.0d
York - PA$312,066 +3.2% 6.0d
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