Market Intelligence · PA / Scranton

Scranton, PA 18508 Housing Market

The typical home in Scranton 18508 is valued at $171,277, down 8.8% over the past year. The median list price stands at $167,498, with homes staying on the market for a median of 71 days.

Updated September 2026Median value$171K

The median home value in Scranton, PA 18508 is $171K as of September 2026, down 8.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 18508 range

$158K to $185K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-8.8% over 12 months

Sep 2025$188K

Low $170KHigh $188K

Sep 2026$171K

The numbers

What is the 18508 housing market like?

As of September 2026

Typical home value

$171K

8.8%YoY

Median list price

$167K

1.5%MoM

Days on market

57.8%MoM

Homes for sale

27.3%MoM

Price cuts

21.2%

22.1%MoM

New listings

16.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

18508 housing market forecast 2027

+2.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 18508 to rise 2.7% by September 2027.

Over the 12 months through September 2026, typical home values in 18508 fell 8.8%, per the Zillow Home Value Index.

Will home prices drop in 18508?

Zillow's forecast does not call for a drop: it expects typical home values in 18508 to rise 2.7% by September 2027, after a 8.8% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 18508 home prices compare?

18508$171,277
Scranton$202,760
Pennsylvania$236,800
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Scranton: 8 ZIPs; Pennsylvania: 1,362 ZIPs; United States: 26,262 ZIPs).

Context

There are 16 homes for sale in this ZIP as of September 2026, with 10 new listings added recently. The median asking price of $167,498 sits slightly below the typical home value, suggesting realistic pricing in a softening market. About 21.2% of current listings have seen price reductions. With values declining year-over-year and homes taking 71 days on average to sell, sellers should expect a slower, more negotiation-heavy sales process than in stronger markets.

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Down payment20% · $34,255

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Common questions

What people ask us.

What is the typical home value in Scranton 18508?

The typical home value is $171,277, down 8.8% over the past year as of September 2026.

How long do homes typically stay on the market in this area?

The median days on market is 71 as of September 2026.

How many homes are currently for sale in 18508?

There are 16 homes for sale as of September 2026, with 10 new listings in that same period.

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