The story of this market
The typical home in ZIP 18515 sells for about $234,545, or $135 per square foot.
Prices are up +8.5% from a year ago, so sellers still have some momentum. Homes take about 27.9 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $854 a month.
ZIP 18515 — Scranton
The Scranton housing market is currently balanced, with steady price appreciation and moderate inventory levels. Demand remains consistent, driven by local employment stability and relative affordability compared to broader regional markets.
This area is well-suited for family buyers and long-term investors seeking stable, affordable housing options within a balanced market environment.
Median prices moved up 8.5% year over year.
Homes spend a median of 28 days on market with 2.6 months of supply — a fast-moving market.
5% 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 4.5% · poverty 8.0% — 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 4.1%/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 18515, Lackawanna County PA
Crime trends in the Scranton area remain stable, generally tracking with regional averages for mid-sized Pennsylvania cities.
Schools serving the area are part of the Scranton School District, which provides a range of public education options with varying performance ratings.
The region faces moderate risks from seasonal flooding and winter weather, with standard property insurance coverage widely available.
Economic momentum is driven by healthcare, education, and logistics sectors, with ongoing infrastructure improvements supporting the Scranton-Wilkes-Barre corridor.
Property taxes are levied by the city, county, and school district, with rates determined by local millage formulas and assessed property values.
Residents typically rely on personal vehicles for commuting, with access to I-81 and I-476 providing connections to major employment hubs in the metro area.
The area features access to local parks, community centers, and proximity to regional outdoor recreation sites, including trails and lakes in the Poconos.
The rental market is characterized by steady demand and moderate vacancy pressure, with a mix of long-term residential rentals and limited short-term activity.
The economy is anchored by healthcare systems, higher education institutions, and a growing logistics and distribution sector.
The area is served by a network of state highways and interstates, with limited public transit options primarily focused on local bus routes.
Development is focused on urban infill and the adaptive reuse of historic properties within the city limits.
The Lackawanna County assessment office manages property valuations based on periodic reassessments to determine tax liability.
Parcels are subject to school district, municipal, and county tax levies, with no significant MUD/PID districts reported.
Property insurance remains stable, though premiums are influenced by regional weather-related risk factors.
Data retrieved from Census Bureau 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 Resorts46.7 mi
- Reaper's Revenge4.75.9 mi
- Nova Trampoline Park4.613.9 mi
- Lahey Family Fun Park4.41.5 mi
- DEFY Scranton4.51.8 mi
- Mohegan Pennsylvania414.8 mi
- Montage Mountain Resorts46.7 mi
- Mohegan Arena at Casey Plaza4.417.2 mi
- Scranton/Wilkes-Barre RailRiders at PNC Field4.66.2 mi
- Reaper's Revenge4.75.9 mi
- Montage Mountain Resorts46.7 mi
- Cinemark Montage Mountain 20 and XD4.66.1 mi
- Electric City Aquarium & Reptile Den4.52.8 mi
- Steamtown National Historic Site4.82.8 mi
- Nay Aug Park4.63.6 mi
- Steamtown National Historic Site4.82.8 mi
- Lacawac Sanctuary Field Station and Environmental Education Center4.719.7 mi
- The Electric City Trolley Museum4.62.7 mi
- Everhart Museum4.53.5 mi
- Scranton Iron Furnaces4.53.1 mi
- Nay Aug Park4.63.6 mi
- Lackawanna State Park4.68.1 mi
- McDade Park4.73.1 mi
- Hillside Park4.74.2 mi
- Merli Sarnoski Park4.311.9 mi
- Pine Hills Country Club4.44.4 mi
- Elmhurst Country Club4.69 mi
- Sleepy Hollow Golf Course4.210.4 mi
- Glenmaura National Golf Club4.76.9 mi
- Marjon Golf Course4.48.7 mi
- Viewmont Mall4.30.9 mi
- The Marketplace at Steamtown3.92.8 mi
- ShopRite of Daleville4.212.4 mi
- ShopRite of Birney Plaza4.55.4 mi
- Boscov's4.52.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major municipal park featuring trails, waterfalls, and recreational facilities.
National park site dedicated to the history of steam railroading.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.