The story of this market
The typical home in ZIP 18504 sells for about $189,000, or $135 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,050 a month.
ZIP 18504 — Scranton
The 18504 housing market remains stable with a median listing price of $189,000 and a competitive sale-to-list ratio of 99%. Demand is supported by the area's affordability relative to the broader metro, though inventory remains tight. Sellers are seeing faster placements, reflecting a healthy, albeit modest, market pace.
This ZIP is well-suited for first-time homebuyers, families, and renters seeking an affordable entry point into the Scranton market with convenient access to local amenities.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.6% · poverty 23.9% — 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 5.7%/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 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 18504, 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.
The area is served by the Scranton School District, which provides public education for the city's residents.
The region is generally considered low-risk for major natural disasters, though standard property insurance coverage for wind and storm damage is recommended.
The local economy is anchored by healthcare, education, and logistics, with ongoing efforts to revitalize the downtown and surrounding residential corridors.
Property taxes are assessed at the county, municipal, and school district levels, with the effective rate in this ZIP estimated at 1.6%.
Residents typically commute via local arterial roads to Scranton's employment core, with a mean travel time of approximately 19 minutes.
The area features local parks and green spaces, with convenient access to shopping and dining along the Main Avenue corridor.
The rental market is stable with a median rent of $1,275; vacancy pressure remains moderate due to consistent demand for affordable housing.
The economy is driven by healthcare, education, and regional logistics, benefiting from Scranton's position as a hub in Northeast Pennsylvania.
The area is served by local bus transit and is connected to the broader region via I-81 and I-476.
Ongoing municipal efforts focus on infrastructure maintenance and the revitalization of older residential housing stock.
Parcels are subject to Scranton School District and municipal tax levies.
Standard homeowners insurance is readily available, with premiums influenced by regional weather patterns.
Data retrieved from Census Bureau and local market reports.
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 Resorts45.3 mi
- Reaper's Revenge4.78.2 mi
- Nova Trampoline Park4.611.6 mi
- Lahey Family Fun Park4.42.8 mi
- DEFY Scranton4.54.1 mi
- Mohegan Pennsylvania412.5 mi
- Montage Mountain Resorts45.3 mi
- Mohegan Arena at Casey Plaza4.414.9 mi
- Scranton/Wilkes-Barre RailRiders at PNC Field4.64.4 mi
- Reaper's Revenge4.78.2 mi
- Montage Mountain Resorts45.3 mi
- Cinemark Montage Mountain 20 and XD4.64.4 mi
- Electric City Aquarium & Reptile Den4.51.8 mi
- Steamtown National Historic Site4.81.7 mi
- Nay Aug Park4.63.1 mi
- Steamtown National Historic Site4.81.7 mi
- The Electric City Trolley Museum4.61.5 mi
- Everhart Museum4.53.1 mi
- Scranton Iron Furnaces4.52.2 mi
- Ballyhoo – Purveyors of Fine Ice Cream4.88.4 mi
- Nay Aug Park4.63.1 mi
- Lackawanna State Park4.69.6 mi
- Frances Slocum State Park4.711.7 mi
- McDade Park4.70.9 mi
- Hillside Park4.74.7 mi
- Pine Hills Country Club4.42.1 mi
- Elmhurst Country Club4.69.1 mi
- Glenmaura National Golf Club4.75 mi
- Sleepy Hollow Golf Course4.212.7 mi
- Marjon Golf Course4.49.5 mi
- Viewmont Mall4.33.2 mi
- The Marketplace at Steamtown3.91.8 mi
- ShopRite of Daleville4.212.2 mi
- ShopRite of Birney Plaza4.53.3 mi
- Boscov's4.51.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Primary commercial artery featuring local dining and retail.
Various small community parks providing green space for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.