Is Scranton, PA 18519 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Scranton is a seller’s market. With about 2.4 months of supply and 50% 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.

Competition score86/ 100

More competitive than 91% of U.S. ZIP codes, and #147 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

Months of supply2.4Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.7%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$142▲ +34.0% vs. last year

The Scranton housing market right now

In the three months ending August 31, 2026, 50% of homes in Scranton, PA 18519 sold above their list price, the typical home went under contract in 14 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold more slowly (12 days then) and the median sale price rose 3% to $265,885. Overall, Scranton is about as competitive as it was a year ago.

Within Lackawanna County, homes here sell faster than in 77% of the county’s ZIP codes, and sell more often over asking than in 91%. On our competition score, Scranton ranks #147 of 601 PA ZIP codes with enough sales (score 86 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) is even more competitive.

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 →

Where Scranton is

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Questions about Scranton real estate

Is Scranton a buyer’s or seller’s market?

A seller’s market: there were 2.4 months of supply in Scranton, PA 18519 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 Scranton?

The typical home went under contract in 14 days in the latest three months.

Do homes in Scranton sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 101.7% of the list price.

What are property taxes in Scranton?

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 Scranton?

The median sale price was $265,885 in the three months ending August 31, 2026, about $142 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