The story of this market
The typical home in ZIP 18407 sells for about $226,000, or $113 per square foot.
Prices are up +5.8% from a year ago, so sellers still have some momentum. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $807 a month.
ZIP 18407 — Carbondale
The housing market in 18407 remains stable with modest price appreciation and consistent demand. Limited inventory continues to support competitive conditions for well-maintained properties, though elevated interest rates have tempered overall transaction volume.
This ZIP is well-suited for families and commuters seeking a more affordable cost of living compared to larger metropolitan areas, while maintaining access to regional employment centers.
Median prices moved up 5.8% year over year.
Homes spend a median of 41 days on market with 0.1 months of supply — a fast-moving market.
33% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.7% · poverty 19.3% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 18407
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Public schools in the region are generally characterized by moderate performance metrics within the local district framework.
The area is subject to standard regional risks including seasonal winter weather and localized flood risks in low-lying areas.
Economic momentum is driven by regional healthcare, education, and logistics sectors, with steady but modest development activity.
Property taxes are levied by the county, municipality, and school district; rates are determined by local millage assessments.
Residents typically rely on personal vehicles for commuting to employment hubs in Scranton and Wilkes-Barre via regional highway corridors.
The area offers access to local parks, hiking trails, and proximity to regional lakes and outdoor recreational facilities.
The rental market shows stable demand with limited inventory, often attracting long-term residents and some investor interest.
The local economy is anchored by healthcare, manufacturing, and retail trade, with significant employment ties to the broader Scranton-Wilkes-Barre metropolitan area.
Transportation is primarily highway-dependent, with access to I-81 serving as the main artery for regional transit.
Development is focused on small-scale residential infill and local commercial improvements.
The county appraisal district conducts periodic assessments to determine property values for tax purposes.
Parcels are subject to school district, municipal, and county tax levies.
Property insurance premiums are influenced by regional weather patterns and standard hazard risk profiles.
Pennsylvania operates as a judicial foreclosure state.
Sellers are required to provide a property disclosure statement covering known material defects.
Data retrieved from US Census Bureau ACS tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Reaper's Revenge4.78.3 mi
- Lahey Family Fun Park4.414.1 mi
- DEFY Scranton4.512.5 mi
- Idle Hours North4.411.5 mi
- Idle Hours South4.417.2 mi
- Reaper's Revenge4.78.3 mi
- Scranton/Wilkes-Barre RailRiders at PNC Field4.620 mi
- Lahey Family Fun Park4.414.1 mi
- Harford Fair4.615 mi
- Scranton Cultural Center at the Masonic Temple4.616.3 mi
- Elk Mountain Ski Resort4.57.4 mi
- Lackawanna State Park4.610.6 mi
- Regal Dickson City4.312 mi
- Circle Drive-In4.511.6 mi
- Idle Hours North4.411.5 mi
- Steamtown National Historic Site4.816.8 mi
- The Electric City Trolley Museum4.616.7 mi
- Everhart Museum4.516.6 mi
- Scranton Iron Furnaces4.516.8 mi
- Tanner Falls4.511.6 mi
- Lackawanna State Park4.610.6 mi
- Merli Sarnoski Park4.32.4 mi
- Prompton State Park4.69 mi
- Archbald Pothole State Park48.1 mi
- Eales Preserve at Moosic Mountain4.712.7 mi
- Sleepy Hollow Golf Course4.23.9 mi
- Panorama Golf Course4.22 mi
- Rock Creek Golf Course4.38.1 mi
- Burlington4.112.9 mi
- Circle Drive-In4.511.6 mi
- Kohl's4.212.1 mi
- T.J. Maxx4.212.8 mi
- Marshalls4.312.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and recreational facilities.
Offers hiking and outdoor activity access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.