Zip 18508 (Scranton, PA) Housing

The housing market in 18508 Scranton, PA is a great investment opportunity. The median home value is $112,400, significantly lower than the US median of $338,100. Furthermore, the appreciation rate for homes within this area has been 14.98% over the past year, which is much higher than the national average of 8.27%. This makes 18508 Scranton an ideal place to invest in real estate and be confident that your money will appreciate over time.

The median home cost in Scranton (zip 18508) is $112,400. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Scranton (zip 18508) is up 17.7%.

Average Age of Homes

- The median age of Scranton (zip 18508) real estate is 78 years old

The Rental Market in Scranton (zip 18508)

- Renters make up 41.0% of the Scranton (zip 18508) population
- 0.0% of houses and apartments in Scranton (zip 18508), 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
	5,382.0	139,647,020.0
	76	42
	$112,400	$338,100
	17.7%	16.6%
	50.2%	57.0%
	54.9%	101.1%
	$17.14	$10.98
	$2,231	$2,690
	41.3%	57.4%
	11.4%	11.2%
	47.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.5%	0.4%
	0.2%	0.7%
	2.0%	0.4%
	0.0%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	5.9%	2.4%
	15.8%	2.8%
	17.1%	3.9%
	11.9%	4.5%
	34.8%	11.3%
	9.5%	13.0%
	3.6%	20.1%
	0.8%	13.6%
	0.7%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.4%	13.6%
	1.4%	13.6%
	4.7%	13.6%
	5.7%	13.2%
	9.6%	14.8%
	4.7%	13.6%
	11.8%	10.0%
	10.4%	4.7%
	45.3%	12.2%

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