The story of this market
The typical home in ZIP 18518 sells for about $212,484, or $145 per square foot.
Prices are up +6.24% from a year ago, so sellers still have some momentum. Homes take about 17 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $859 a month.
ZIP 18518 — Old Forge
The 18518 housing market remains stable with modest price appreciation and balanced inventory levels. Demand is supported by local affordability and steady employment in the Scranton metro area, though high interest rates continue to influence buyer activity.
This ZIP is well-suited for families and local commuters seeking a suburban lifestyle with a strong sense of community and relative affordability compared to larger metros.
Median prices moved up 6.2% year over year.
Homes spend a median of 17 days on market with 3.0 months of supply — a fast-moving market.
0% 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 5.5% · poverty 7.4% — 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 5.2%/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 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 18518, 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 Old Forge School District, which maintains a localized community focus.
The region faces standard Northeastern climate risks, including seasonal flooding and winter weather impacts.
The local economy is anchored by proximity to the Scranton-Wilkes-Barre industrial and service sectors, with steady residential demand.
Property taxes are levied by the borough, school district, and county, with rates determined by local millage assessments.
Residents primarily commute via I-81 and the Pennsylvania Turnpike toward Scranton and Wilkes-Barre employment hubs.
The area features local community parks and is famous for its regional pizza culture and proximity to outdoor recreation in the Poconos.
The rental market is characterized by steady demand for single-family and multi-family units, with limited new supply.
The economy is driven by healthcare, logistics, and manufacturing sectors within the broader Lackawanna County region.
The area is served by major highway corridors including I-81, facilitating regional transit.
Development is primarily focused on residential infill and small-scale commercial improvements.
The Lackawanna County assessment office manages property valuations for tax purposes.
Parcels are subject to Old Forge School District and municipal tax levies.
Standard homeowners insurance is available, with premiums influenced by regional weather risk profiles.
Pennsylvania is a judicial foreclosure state requiring court intervention.
Sellers are required to provide a comprehensive property disclosure statement regarding known material defects.
Data retrieved from US 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 Resorts44.4 mi
- Reaper's Revenge4.712.6 mi
- Nova Trampoline Park4.67.3 mi
- Lahey Family Fun Park4.47 mi
- DEFY Scranton4.58.4 mi
- Mohegan Pennsylvania48.1 mi
- Montage Mountain Resorts44.4 mi
- Mohegan Arena at Casey Plaza4.410.5 mi
- Scranton/Wilkes-Barre RailRiders at PNC Field4.63.1 mi
- Reaper's Revenge4.712.6 mi
- Montage Mountain Resorts44.4 mi
- Cinemark Montage Mountain 20 and XD4.63.4 mi
- Electric City Aquarium & Reptile Den4.54.7 mi
- Steamtown National Historic Site4.84.5 mi
- Nay Aug Park4.65.5 mi
- Steamtown National Historic Site4.84.5 mi
- The Electric City Trolley Museum4.64.5 mi
- Everhart Museum4.55.5 mi
- Scranton Iron Furnaces4.54.8 mi
- Ballyhoo – Purveyors of Fine Ice Cream4.84 mi
- Seven Tubs Recreation Area - Pinchot Forest District4.710 mi
- Nay Aug Park4.65.5 mi
- Frances Slocum State Park4.78 mi
- Kirby Park4.511.3 mi
- McDade Park4.73.6 mi
- Wilkes-Barre Golf Club3.812.8 mi
- Pine Hills Country Club4.42.3 mi
- Elmhurst Country Club4.610.1 mi
- Glenmaura National Golf Club4.72.9 mi
- Marjon Golf Course4.411.6 mi
- Viewmont Mall4.37.6 mi
- Wyoming Valley Mall: Wilkes-Barre Township3.910 mi
- The Marketplace at Steamtown3.94.7 mi
- Bravo Supermarket4.212 mi
- Ross Dress for Less4.310.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community green spaces and playgrounds.
Renowned regional culinary destination.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.