Is Jermyn, PA 18433 a buyer’s or seller’s market?

The Jermyn housing market right now

In the three months ending August 31, 2026, 38% of homes in Jermyn, PA 18433 sold above their list price, the typical home went under contract in 20 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 30 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 69%, homes sold more slowly (13 days then) and the median sale price rose 33% to $306,367. Overall, Jermyn is less competitive than a year ago, which gives buyers more room.

Within Lackawanna County, homes here sell more slowly than in 55% of the county’s ZIP codes, and sell more often over asking than in 55%. On our competition score, Jermyn ranks #255 of 601 PA ZIP codes with enough sales (score 76 out of 100).

Nearby, buyers who want less competition could look at Scranton 18503 (0% sold over asking) or Fleetville 18420 (0% sold over asking), while Old Forge 18518 (57% sold over asking) and Waverly 18471 (50% sold over asking) are even more competitive.