Is Luzerne, PA 18709 a buyer’s or seller’s market?
Luzerne is a seller’s market. With about 1.1 months of supply and 33% 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.
The Luzerne housing market right now
In the three months ending August 31, 2026, 33% of homes in Luzerne, PA 18709 sold above their list price, the typical home went under contract in 12 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold about as fast and the median sale price fell 16% to $169,926. Overall, Luzerne is less competitive than a year ago, which gives buyers more room.
Within Luzerne County, homes here sell faster than in 68% of the county’s ZIP codes, and sell more often over asking than in 61%.
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.
Run the numbers for 18709
Nearby markets
Bear Creek 18602Buyer’s market $251 /sq ftConyngham 18219 — /sq ftDallas 18612Seller’s market $178 /sq ftDrifton 18221 $108 /sq ft Browse all markets →Towns like Luzerne nearby
Find towns like Luzerne in other states →Where Luzerne is
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Questions about Luzerne real estate
Is Luzerne a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Luzerne, PA 18709 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 Luzerne?
The typical home went under contract in 12 days in the latest three months.
Do homes in Luzerne sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Luzerne?
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 Luzerne?
The median sale price was $169,926 in the three months ending August 31, 2026, about $96 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