Is Olyphant, PA 18447 a buyer’s or seller’s market?

The Olyphant housing market right now

In the three months ending August 31, 2026, 40% of homes in Olyphant, PA 18447 sold above their list price, the typical home went under contract in 9 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 26 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (40% then), homes sold about as fast and the median sale price rose 10% to $264,885. Overall, Olyphant is about as competitive as it was a year ago.

Within Lackawanna County, homes here sell faster than in 95% of the county’s ZIP codes, and sell more often over asking than in 59%. On our competition score, Olyphant ranks #207 of 601 PA ZIP codes with enough sales (score 81 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.