The Scranton housing market is very competitive. The median sale price of a home in Scranton was $193K last month, up 13.5% since last year. The median sale price per square foot in Scranton is $96, up 5.5% since last year.
What is the housing market like in Scranton today?
In August 2024, Scranton home prices were up 13.5% compared to last year, selling for a median price of $193K. On average, homes in Scranton sell after 20 days on the market compared to 14 days last year. There were 68 homes sold in August this year, down from 82 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$193,000
+13.5% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Scranton, PA
$193,000
+13.5%
United States
To compare other locations to the Scranton and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Scranton's median sale price is 56% lower than the national average. Overall cost of living in Scranton is 8% lower than the national average. Learn which home features in Scranton add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Scranton housing market?
Scranton is very competitive. Homes sell in 20 days.
0
100
79
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 20 days.
Hot homes
can sell for about 6% above list price and go pending in around 6 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Scranton housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Scranton.
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Scranton has a moderate risk of flooding. 4,810 properties in Scranton are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Scranton. Flood risk is increasing slower than the national average.
20% of properties are at risk of wildfire over the next 30 years
Fire Factor
Scranton has a moderate risk of wildfire. There are 5,633 properties in Scranton that have some risk of being affected by wildfire over the next 30 years. This represents 20% of all properties in Scranton.
74% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Scranton has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Scranton is most at risk from hurricanes. 20,159 properties in Scranton have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 54 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 64 mph.