The story of this market
The typical home in ZIP 18471 sells for about $190,054, or $121 per square foot.
Prices are down 5.4% from a year ago, which gives buyers more room to negotiate. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $1,193 a month.
ZIP 18471 — Waverly
The Waymart housing market remains stable with limited inventory and modest price points significantly below the national average. Market activity is driven by local demand and the area's affordability relative to the broader Scranton-Wilkes-Barre metro region.
This area is best suited for local workers and those seeking a quiet, rural lifestyle with lower housing costs compared to the national average.
Median prices moved down 5.4% year over year.
Homes spend a median of 31 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 3.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 18471, Wayne 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.
The region experiences moderate precipitation and snowfall, with typical climate risks associated with the Scranton-Wilkes-Barre metro area.
The area is characterized by a small-town economy with limited large-scale industrial development, serving as a residential base within the broader Scranton metro region.
Property taxes are levied at the county, municipal, and school district levels; specific effective rates vary based on local millage and assessed property values.
Residents typically rely on personal vehicles for commuting, with access to regional corridors connecting to Scranton and Wilkes-Barre.
The area offers access to rural outdoor recreation, including local parks and proximity to natural landscapes in Wayne County.
The rental market is characterized by limited inventory and modest demand, consistent with the small population size of the borough.
The local economy is integrated into the Scranton-Wilkes-Barre metropolitan area, which features a mix of healthcare, education, and manufacturing sectors.
Transportation is primarily highway-dependent, with limited public transit options available in this rural borough.
No major large-scale commercial or residential developments are currently reported for this specific ZIP code.
Wayne County utilizes a county-wide assessment system to determine property values for tax purposes.
Parcels are subject to local school district and municipal tax levies typical of Pennsylvania boroughs.
Property insurance premiums are influenced by regional hazard profiles, including winter weather and localized flood risks.
Data retrieved from US Census Bureau and Data Commons.
- Montage Mountain Resorts412.7 mi
- Reaper's Revenge4.74.4 mi
- Nova Trampoline Park4.618 mi
- Lahey Family Fun Park4.44.9 mi
- DEFY Scranton4.55.1 mi
- Mohegan Pennsylvania419.4 mi
- Montage Mountain Resorts412.7 mi
- Scranton/Wilkes-Barre RailRiders at PNC Field4.611.9 mi
- Reaper's Revenge4.74.4 mi
- The Pavilion at Montage Mountain412.9 mi
- Montage Mountain Resorts412.7 mi
- Cinemark Montage Mountain 20 and XD4.612 mi
- Electric City Aquarium & Reptile Den4.58.8 mi
- Steamtown National Historic Site4.88.7 mi
- Nay Aug Park4.69.5 mi
- Steamtown National Historic Site4.88.7 mi
- The Electric City Trolley Museum4.68.6 mi
- Everhart Museum4.59.5 mi
- Scranton Iron Furnaces4.59.1 mi
- Ballyhoo – Purveyors of Fine Ice Cream4.815.1 mi
- Nay Aug Park4.69.5 mi
- Lackawanna State Park4.62.1 mi
- McDade Park4.78.1 mi
- Hillside Park4.73.9 mi
- Merli Sarnoski Park4.38.7 mi
- Pine Hills Country Club4.49.4 mi
- Sleepy Hollow Golf Course4.27.3 mi
- SB Golf Course3.911.7 mi
- Glenmaura National Golf Club4.712.6 mi
- Panorama Golf Course4.211.9 mi
- Viewmont Mall4.35.5 mi
- The Marketplace at Steamtown3.98.8 mi
- ShopRite of Birney Plaza4.510.9 mi
- Boscov's4.58.8 mi
- HomeGoods4.45.6 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 outdoor recreational opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.