Is Old Forge, PA 18518 a buyer’s or seller’s market?
Old Forge is a seller’s market. With about 2 months of supply and 57% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 94% of U.S. ZIP codes, and #99 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Old Forge housing market right now
In the three months ending August 31, 2026, 57% of homes in Old Forge, PA 18518 sold above their list price, the typical home went under contract in 16 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 42%, homes sold more slowly (13 days then) and the median sale price fell 3% to $234,898. Overall, Old Forge 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 any other ZIP code in the county. On our competition score, Old Forge ranks #99 of 601 PA ZIP codes with enough sales (score 89 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).
Run the numbers for 18518
Nearby markets
Archbald 18403Seller’s market $156 /sq ftCarbondale 18407Seller’s market $108 /sq ftClarks Summit 18411Seller’s market $197 /sq ftDalton 18414Balanced $194 /sq ft Browse all markets →Towns like Old Forge nearby
Find towns like Old Forge in other states →Where Old Forge is
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Questions about Old Forge real estate
Is Old Forge a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Old Forge, PA 18518 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Old Forge?
The typical home went under contract in 16 days in the latest three months.
Do homes in Old Forge sell over asking?
57% of homes sold above their original list price, and the typical sale closed at 101.9% of the list price.
What are property taxes in Old Forge?
About 1.49% of a home’s value a year in Lackawanna County, or roughly $5,960 on a $400,000 home.
What is the median home price in Old Forge?
The median sale price was $234,898 in the three months ending August 31, 2026, about $148 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology