Zip 18509 (Scranton, PA) Housing

The median housing value in 18509 Scranton, PA is $164,300, which is significantly lower than the US median housing value of $338,100. However, the 1 year appreciation rate for houses in 18509 Scranton is 14.98%, which is higher than the US 1 year house appreciation rate of 8.27%. This trend suggests that purchasing a house in 18509 Scranton could be a wise investment as it has the potential to offer a higher return on investment over time than other areas in the US.

The median home cost in Scranton (zip 18509) is $164,300. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Scranton (zip 18509) is up 17.7%.

Average Age of Homes

- The median age of Scranton (zip 18509) real estate is 78 years old

The Rental Market in Scranton (zip 18509)

- Renters make up 40.5% of the Scranton (zip 18509) population
- 2.5% of houses and apartments in Scranton (zip 18509), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Scranton, Pennsylvania	United States
	6,113.0	139,647,020.0
	66	42
	$164,300	$338,100
	17.7%	16.6%
	50.2%	57.0%
	54.9%	101.1%
	$20.87	$10.98
	$3,037	$2,690
	40.2%	57.4%
	13.7%	11.2%
	46.0%	31.4%
Vacant Housing
	2.5%	1.9%
	0.5%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	0.8%	3.6%
	9.6%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	1.8%	2.4%
	7.2%	2.8%
	10.2%	3.9%
	11.7%	4.5%
	19.6%	11.3%
	25.1%	13.0%
	13.7%	20.1%
	4.6%	13.6%
	2.7%	8.3%
	2.2%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.1%	13.6%
	1.1%	13.6%
	2.4%	13.6%
	2.8%	13.2%
	3.1%	14.8%
	2.4%	13.6%
	13.2%	10.0%
	7.3%	4.7%
	58.4%	12.2%

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