Zip 18706 (Wilkes Barre, PA) Housing

The housing market in the Wilkes-Barre, PA area is very healthy. The median value of a home in this area is $124,300, which is significantly lower than the US median of $338,100. The US has seen an appreciation rate of 8.27% over the last year, while Wilkes Barre homes have appreciated 14.98%, showing strong growth and potential for investment. Those interested in buying a home will find plenty of options here at great prices compared to other areas of the country.

The median home cost in Wilkes Barre (zip 18706) is $124,300. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Wilkes Barre (zip 18706) is up 17.7%.

Average Age of Homes

- The median age of Wilkes Barre (zip 18706) real estate is 68 years old

The Rental Market in Wilkes Barre (zip 18706)

- Renters make up 28.2% of the Wilkes Barre (zip 18706) population
- 0.9% of houses and apartments in Wilkes Barre (zip 18706), 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
	7,708.0	139,647,020.0
	64	42
	$124,300	$338,100
	17.7%	16.6%
	50.2%	57.0%
	54.9%	101.1%
	$17.09	$10.98
	$2,094	$2,690
	57.5%	57.4%
	11.9%	11.2%
	30.6%	31.4%
Vacant Housing
	0.9%	1.9%
	0.4%	0.4%
	1.7%	0.7%
	0.4%	0.4%
	0.2%	3.6%
	8.3%	4.1%
Value of Owner-Occupied Housing
	4.0%	2.6%
	4.9%	2.4%
	11.4%	2.8%
	19.0%	3.9%
	13.2%	4.5%
	19.6%	11.3%
	15.7%	13.0%
	9.5%	20.1%
	2.3%	13.6%
	0.0%	8.3%
	0.1%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.0%	13.6%
	4.0%	13.6%
	7.5%	13.6%
	7.0%	13.2%
	17.4%	14.8%
	7.5%	13.6%
	8.6%	10.0%
	8.8%	4.7%
	35.0%	12.2%

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