Is Waverly, PA 18471 a buyer’s or seller’s market?

The Waverly housing market right now

In the three months ending August 31, 2026, 50% of homes in Waverly, PA 18471 sold above their list price, the typical home went under contract in 16 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold faster (151 days then) and the median sale price rose 72% to $914,604. Overall, Waverly is more competitive than a year ago, so tougher for buyers.

Within Lackawanna County, homes here sell faster than in 59% of the county’s ZIP codes, and sell more often over asking than in 91%.

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) is even more competitive.