Zip 18702 (Wilkes-Barre, PA) Housing

The housing market in 18702 Wilkes-Barre, PA is currently strong. The median housing value for this area is $116,000, which is significantly lower than the US median of $338,100. However, this location has seen a much greater appreciation over the past year than the US average with an impressive 14.98% increase in house value compared to just 8.27%. This suggests that investing in real estate in Wilkes-Barre may be a wise decision for those looking to capitalize on a burgeoning market.

The median home cost in Wilkes-Barre (zip 18702) is $116,000. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Wilkes-Barre (zip 18702) is up 17.7%.

Average Age of Homes

- The median age of Wilkes-Barre (zip 18702) real estate is 70 years old

The Rental Market in Wilkes-Barre (zip 18702)

- Renters make up 38.6% of the Wilkes-Barre (zip 18702) population
- 2.1% of houses and apartments in Wilkes-Barre (zip 18702), 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	Wilkes-Barre, Pennsylvania	United States
	20,167.0	139,647,020.0
	71	42
	$116,000	$338,100
	17.7%	16.6%
	50.2%	57.0%
	54.9%	101.1%
	$21.15	$10.98
	$1,973	$2,690
	47.6%	57.4%
	15.0%	11.2%
	37.4%	31.4%
Vacant Housing
	2.1%	1.9%
	0.5%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	1.9%	3.6%
	9.6%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	7.9%	2.4%
	11.6%	2.8%
	18.0%	3.9%
	13.1%	4.5%
	18.7%	11.3%
	12.3%	13.0%
	9.6%	20.1%
	3.2%	13.6%
	1.5%	8.3%
	0.6%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.4%	13.6%
	3.4%	13.6%
	6.9%	13.6%
	7.0%	13.2%
	17.1%	14.8%
	6.9%	13.6%
	8.2%	10.0%
	8.8%	4.7%
	41.2%	12.2%

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