Zip 18505 (Scranton, PA) Housing

The housing market in Scranton, PA is currently strong. The median value of homes here is $141,300, which is significantly lower than the US median house value of $338,100. The appreciation rate of houses in Scranton over the past year has been 14.98%, higher than the national average of 8.27%. This indicates that the housing market in Scranton is particularly hot right now and could continue to appreciate at a faster rate than other areas of the country.

The median home cost in Scranton (zip 18505) is $141,300. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Scranton (zip 18505) is up 17.7%.

Average Age of Homes

- The median age of Scranton (zip 18505) real estate is 74 years old

The Rental Market in Scranton (zip 18505)

- Renters make up 40.4% of the Scranton (zip 18505) population
- 2.6% of houses and apartments in Scranton (zip 18505), 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
	9,805.0	139,647,020.0
	76	42
	$141,300	$338,100
	17.7%	16.6%
	50.2%	57.0%
	54.9%	101.1%
	$17.14	$10.98
	$2,822	$2,690
	46.2%	57.4%
	14.7%	11.2%
	39.0%	31.4%
Vacant Housing
	2.6%	1.9%
	1.7%	0.4%
	1.0%	0.7%
	1.1%	0.4%
	1.0%	3.6%
	7.4%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	3.3%	2.4%
	6.6%	2.8%
	11.1%	3.9%
	20.1%	4.5%
	27.9%	11.3%
	13.7%	13.0%
	11.8%	20.1%
	2.1%	13.6%
	0.5%	8.3%
	0.6%	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%
	1.7%	13.6%
	1.7%	13.6%
	4.3%	13.6%
	8.1%	13.2%
	7.4%	14.8%
	4.3%	13.6%
	13.0%	10.0%
	8.1%	4.7%
	45.5%	12.2%

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