Is Wilkes Barre, PA 18702 a buyer’s or seller’s market?

The Wilkes Barre housing market right now

In the three months ending August 31, 2026, 35% of homes in Wilkes Barre, PA 18702 sold above their list price, the typical home went under contract in 17 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 130 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (34% then), homes sold faster (21 days then) and the median sale price fell 13% to $169,926. Overall, Wilkes Barre is about as competitive as it was a year ago.

Within Luzerne County, homes here sell faster than in 55% of the county’s ZIP codes, and sell more often over asking than in 65%. On our competition score, Wilkes Barre ranks #311 of 601 PA ZIP codes with enough sales (score 68 out of 100).

Nearby, buyers who want less competition could look at Bear Creek 18602 (0% sold over asking) or Weston 18256 (0% sold over asking), while Shickshinny 18655 (75% sold over asking) and Pittston 18641 (55% sold over asking) are even more competitive.