Is Wilkes Barre, PA 18762 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 list0%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market136Listing to accepted offer
Median price per sq ft$145

The Wilkes Barre housing market right now

In the three months ending August 31, 2026, 0% of homes in Wilkes Barre, PA 18762 sold above their list price and the typical home went under contract in 136 days. 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 fell from 100%, homes sold more slowly (57 days then) and the median sale price rose 19% to $252,891. Overall, Wilkes Barre is less competitive than a year ago, which gives buyers more room.

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Questions about Wilkes Barre real estate

How fast do homes sell in Wilkes Barre?

The typical home went under contract in 136 days in the latest three months.

Do homes in Wilkes Barre sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What is the median home price in Wilkes Barre?

The median sale price was $252,891 in the three months ending August 31, 2026, about $145 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