Is Bear Creek, PA 18602 a buyer’s or seller’s market?
Bear Creek is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Bear Creek housing market right now
In the three months ending August 31, 2026, 0% of homes in Bear Creek, PA 18602 sold above their list price, the typical home went under contract in 77 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 (0% then), homes sold more slowly (13 days then) and the median sale price rose 30% to $619,732. Overall, Bear Creek is less competitive than a year ago, which gives buyers more room.
Within Luzerne County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Shickshinny 18655 (75% sold over asking) and Pittston 18641 (55% sold over asking) are even more competitive.
Run the numbers for 18602
Nearby markets
Conyngham 18219 — /sq ftDallas 18612Seller’s market $178 /sq ftDrifton 18221 $108 /sq ftDrums 18222Seller’s market $170 /sq ft Browse all markets →Where Bear Creek is
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Questions about Bear Creek real estate
Is Bear Creek a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Bear Creek, PA 18602 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 Bear Creek?
The typical home went under contract in 77 days in the latest three months.
Do homes in Bear Creek sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.
What are property taxes in Bear Creek?
About 1.45% of a home’s value a year in Luzerne County, or roughly $5,800 on a $400,000 home.
What is the median home price in Bear Creek?
The median sale price was $619,732 in the three months ending August 31, 2026, about $251 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