Is Wilkes Barre, PA 18701 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Wilkes Barre is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Wilkes Barre housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Luzerne County, PA

Population	4,294
Median income	$33,329
Average income	$49,324
Median home value	$203,600
Median rent	$902/month
Owner-occupied	8% of homes
Median year built	1968
Walkability	11.0 of 20Above average

Natural hazard riskWinter storms (relatively high), extreme heat (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 18701; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 18701

Prefilled for 18701Can I win this house?Multiple-offer likelihood for a listing Prefilled for 18701Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bear Creek 18602Buyer’s market $251 /sq ft Conyngham 18219 — /sq ft Dallas 18612Seller’s market $178 /sq ft Drifton 18221 $108 /sq ft Browse all markets →

Towns like Wilkes Barre nearby

Find towns like Wilkes Barre in other states →

Scranton, PA18503 · 16 miles away41% similarpricier homes ($64K more) · smaller Scranton, PA18510 · 17 miles away29% similarlarger · older residents Scranton, PA18509 · 18 miles away18% similarlarger · older residents Hazleton, PA18201 · 21 miles away15% similarcheaper homes ($50K less) · larger

Where Wilkes Barre is

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Questions about Wilkes Barre real estate

What are property taxes in Wilkes Barre?

About 1.45% of a home’s value a year in Luzerne County, or roughly $5,800 on a $400,000 home.

Local agents

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More tools for 18701

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Luzerne County property taxes Luzerne County loan limits Closing costs in Pennsylvania Hottest ZIP codes in Pennsylvania

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology