The housing market in 18503 Scranton, PA is doing better than the US average. The median value of housing in 18503 is $137,300, which is significantly lower than the US median value of $338,100. However, this city has seen a 14.98% increase in house appreciation over the last year compared to the 8.27% increase nationally. This shows that housing prices are steadily increasing in 18503 Scranton and that it's a good place to invest in property right now.
The median home cost in Scranton (zip 18503) is $137,300. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Scranton (zip 18503) is up 17.7%.
Average Age of Homes
- The median age of Scranton (zip 18503) real estate is 64 years old
The Rental Market in Scranton (zip 18503)
- Renters make up 88.2% of the Scranton (zip 18503) population
- 5.1% of houses and apartments in Scranton (zip 18503), 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.