The story of this market
The typical home in ZIP 18433 sells for about $325,000, or $165 per square foot.
Prices are up +3.4% from a year ago, so sellers still have some momentum. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $988 a month.
ZIP 18433 — Jermyn
The 18433 housing market is experiencing steady demand with a median price of $325,000, reflecting a healthy balance between supply and buyer interest. Low inventory levels and consistent year-over-year price growth of 3.4% indicate a stable market environment. Buyers are finding competitive conditions, though the market remains more accessible than larger metropolitan hubs.
This ZIP code is well-suited for family buyers and commuters seeking a suburban lifestyle with relative affordability compared to larger urban centers, while maintaining access to regional employment hubs.
Median prices moved up 3.4% year over year.
Homes spend a median of 43 days on market with 2.3 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 5.7% · poverty 6.2% — 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 9.4%/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 4.3%/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 18433, Lackawanna County PA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Jermyn area remain relatively low compared to the broader Scranton-Wilkes-Barre metropolitan region, with property crime being the primary concern.
Schools serving the 18433 ZIP code are primarily part of the Lakeland School District, which generally maintains a stable reputation for academic performance within Lackawanna County.
The area is subject to standard regional risks including seasonal flooding in low-lying areas near the Lackawanna River and typical winter weather hazards; insurance premiums are consistent with the broader Northeast Pennsylvania market.
Economic momentum is driven by the broader Scranton metro area, with local development focused on residential infill and small-scale commercial projects in the Lackawanna Valley corridor.
Property taxes are levied by the municipality, Lackawanna County, and the Lakeland School District; the area utilizes a standard millage-based assessment system common to Pennsylvania jurisdictions.
Residents primarily commute via the US-6 and I-81 corridors, providing direct access to employment hubs in Scranton and Wilkes-Barre.
The area features proximity to the Lackawanna River Heritage Trail, local community parks, and access to regional lakes such as Chapman Lake for outdoor recreation.
The rental market is characterized by steady demand and limited inventory, with most rental stock consisting of single-family homes and small multi-family units.
The local economy is anchored by the Scranton-Wilkes-Barre metro area, with significant employment in healthcare, education, and logistics/warehousing.
Transportation is heavily reliant on private vehicles, with I-81 serving as the primary artery for regional transit and commuting.
Development is primarily focused on residential infill and small-scale commercial improvements along the main thoroughfares.
The Lackawanna County assessment office manages property valuations based on historical cost and market-based assessment cycles.
Parcels are subject to municipal, county, and Lakeland School District taxation, with no major MUD/PID districts reported.
Property insurance remains stable, though premiums are influenced by regional weather patterns and proximity to flood-prone zones.
The Scranton metro area has seen modest population shifts, with a trend of residents moving from urban centers to suburban ZIP codes like 18433.
Pennsylvania is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Pennsylvania law requires sellers to provide a comprehensive property disclosure statement covering the condition of the home's major systems.
Data retrieved from data.census.gov using ZCTA 18433 profile.
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 Resorts414.4 mi
- Reaper's Revenge4.72.3 mi
- Lahey Family Fun Park4.48.1 mi
- DEFY Scranton4.56.5 mi
- Idle Hours North4.45.7 mi
- Montage Mountain Resorts414.4 mi
- Scranton/Wilkes-Barre RailRiders at PNC Field4.614.1 mi
- Reaper's Revenge4.72.3 mi
- The Pavilion at Montage Mountain414.6 mi
- Lahey Family Fun Park4.48.1 mi
- Elk Mountain Ski Resort4.512 mi
- Electric City Aquarium & Reptile Den4.510.8 mi
- Steamtown National Historic Site4.810.9 mi
- Nay Aug Park4.610.9 mi
- Lackawanna State Park4.66.3 mi
- Steamtown National Historic Site4.810.9 mi
- Lacawac Sanctuary Field Station and Environmental Education Center4.719.1 mi
- The Electric City Trolley Museum4.610.8 mi
- Everhart Museum4.510.8 mi
- Scranton Iron Furnaces4.510.9 mi
- Nay Aug Park4.610.9 mi
- Lackawanna State Park4.66.3 mi
- McDade Park4.711.3 mi
- Hillside Park4.78.8 mi
- Merli Sarnoski Park4.33.6 mi
- Sleepy Hollow Golf Course4.22.1 mi
- Pine Hills Country Club4.412.6 mi
- Panorama Golf Course4.27.5 mi
- Marjon Golf Course4.411.9 mi
- Rock Creek Golf Course4.38.2 mi
- Viewmont Mall4.37.4 mi
- The Marketplace at Steamtown3.910.8 mi
- Boscov's4.510.8 mi
- HomeGoods4.47.4 mi
- Burlington4.16.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional trail system providing walking and biking access along the river.
A local recreational area popular for fishing and seasonal activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.