The story of this market
The typical home in ZIP 18416 sells for about $321,000, or $185 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 18416 — Elmhurst
The housing market in ZIP 18416 shows steady growth with a median sale price of $321,000, reflecting a 3.5% year-over-year increase. Demand remains consistent, supported by a limited supply of 3.2 months and a stable sales pace. Buyers are finding a competitive environment, though price appreciation has moderated compared to previous years.
This area is well-suited for family buyers and those seeking a quieter, suburban lifestyle with access to regional employment hubs, offering a more affordable entry point compared to larger metropolitan centers.
Median prices moved up 3.5% year over year.
Homes spend a median of 35 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 8.5% — a stable, low-distress 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 6.3%/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 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 18416, Wayne County PA
Crime rates in the area are generally lower than the national average, with property crime being the primary concern. Local law enforcement reports stable trends compared to regional benchmarks.
Public schools serving the area are generally rated as average, with a focus on community-based extracurricular programs and steady academic performance.
The area faces moderate risk from seasonal flooding near river basins and winter weather impacts, with standard insurance coverage typically available.
Economic momentum is driven by regional healthcare, education, and logistics sectors, with steady infrastructure maintenance supporting local connectivity.
Property taxes are levied at the county, municipal, and school district levels, with assessments based on a percentage of fair market value as determined by the county appraisal office.
Commuters primarily rely on personal vehicles for access to the Scranton-Wilkes-Barre employment core, with travel times typically ranging from 30 to 45 minutes.
The area features access to local parks, hiking trails, and proximity to regional lakes and golf courses, providing a variety of outdoor recreational opportunities.
The rental market is characterized by moderate demand and low vacancy rates, with a limited supply of modern multi-family units and a stable presence of long-term investors.
The local economy is anchored by healthcare, education, and retail services, with a significant portion of the workforce commuting to the broader Scranton-Wilkes-Barre metro area.
Transportation is primarily highway-dependent, with access to major regional corridors facilitating movement toward employment centers.
Development is largely focused on small-scale residential infill and commercial improvements to existing infrastructure.
The county appraisal district conducts periodic assessments to determine property values for tax purposes, following state-mandated guidelines.
Parcels are subject to school district, municipal, and county tax levies, with occasional special assessments for local utility or fire services.
Property insurance premiums are influenced by regional hazard profiles, including winter weather and localized flood risks.
Net domestic migration has remained stable, with a slight trend of residents moving from urban centers to more rural, lower-density areas.
Pennsylvania is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically extends the timeline for lenders.
Sellers are required to provide a comprehensive property disclosure statement covering known material defects at the time of sale.
Data retrieved from data.census.gov ZCTA-level 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.
- Montage Mountain Resorts46 mi
- Reaper's Revenge4.710.7 mi
- Nova Trampoline Park4.616.2 mi
- Lahey Family Fun Park4.49.4 mi
- 940 Golf N'Fun4.417.6 mi
- Mohegan Pennsylvania415.8 mi
- Montage Mountain Resorts46 mi
- Mohegan Arena at Casey Plaza4.417.9 mi
- Scranton/Wilkes-Barre RailRiders at PNC Field4.66.9 mi
- Reaper's Revenge4.710.7 mi
- Montage Mountain Resorts46 mi
- Cinemark Montage Mountain 20 and XD4.66.7 mi
- Claws 'N' Paws Wild Animal Park4.411.2 mi
- Electric City Aquarium & Reptile Den4.56.5 mi
- Steamtown National Historic Site4.86.7 mi
- Steamtown National Historic Site4.86.7 mi
- Lacawac Sanctuary Field Station and Environmental Education Center4.713.1 mi
- The Electric City Trolley Museum4.66.8 mi
- Everhart Museum4.55.1 mi
- Scranton Iron Furnaces4.56.1 mi
- Claws 'N' Paws Wild Animal Park4.411.2 mi
- Nay Aug Park4.65.2 mi
- McDade Park4.78.8 mi
- Gouldsboro State Park4.510 mi
- Pinchot State Forest -Thornhurst Tract4.712.7 mi
- New Wave Marina4.715.8 mi
- Wilsonville Recreation Area4.320 mi
- Pine Hills Country Club4.48.9 mi
- Elmhurst Country Club4.61.5 mi
- Glenmaura National Golf Club4.77.5 mi
- Marjon Golf Course4.41.9 mi
- Elmhurst Country Club Wedding Venue4.71.4 mi
- Viewmont Mall4.38 mi
- The Marketplace at Steamtown3.96.5 mi
- ShopRite of Daleville4.24.8 mi
- ShopRite of Birney Plaza4.57.9 mi
- Boscov's4.56.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state park offering camping, fishing, and hiking trails.
Hosts annual community events and regional gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.