The story of this market
The typical home in ZIP 18615 sells for about $240,000, or $135 per square foot.
Prices are up +3.4% from a year ago, so sellers still have some momentum. Homes take about 16 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $800 a month.
ZIP 18615 — Falls
The housing market in the 18615 area remains stable with moderate price appreciation and consistent demand. Low inventory levels continue to support pricing, though buyers are increasingly sensitive to interest rates and affordability constraints. The market is driven by local employment stability and the area's appeal as a more affordable alternative to larger metropolitan hubs.
This area is well-suited for family buyers and commuters seeking more affordable housing options compared to larger urban centers, while offering a quieter, semi-rural lifestyle.
Median prices moved up 3.4% year over year.
Homes spend a median of 16 days on market with 2.3 months of supply — a fast-moving market.
12% 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 3.1% · poverty 6.1% — 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 5.8%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 18615, Wyoming/Luzerne 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.
Not determinable for ZIP 18615 specifically; regional crime trends in the Scranton-Wilkes-Barre metro area are generally consistent with mid-sized industrial Pennsylvania cities.
Schools serving the area are part of local independent districts; quality varies by specific municipality, with most schools maintaining average state accountability ratings.
The region is subject to seasonal weather risks including heavy winter snowfall and occasional riverine flooding in low-lying valley areas near the Susquehanna River.
Economic momentum is driven by logistics, healthcare, and education sectors, with ongoing infrastructure improvements supporting the Scranton-Wilkes-Barre corridor.
Property taxes are levied at the county, municipal, and school district levels; rates are determined by local millage and assessed property values, with no state-level property tax.
Residents typically rely on personal vehicles for commuting via I-81 and PA-92, with travel times to major employment hubs in Scranton and Wilkes-Barre averaging under 30 minutes.
The area offers access to local parks, hiking trails, and proximity to the Susquehanna River for outdoor activities, with regional shopping centers located in nearby boroughs.
The rental market is characterized by steady demand from local workers and students, with moderate vacancy pressure and a mix of single-family and multi-family inventory.
The economy is anchored by the logistics, healthcare, and education sectors, benefiting from the region's strategic location along the I-81 corridor.
The area is served by major highway corridors including I-81 and PA-92, facilitating regional connectivity to Scranton and Wilkes-Barre.
Development is primarily focused on residential infill and small-scale commercial expansion within existing municipal boundaries.
Property assessments are conducted at the county level based on market value, with periodic reassessments to ensure tax equity.
Parcels are subject to school district, municipal, and county taxes, with some areas potentially falling under specific utility or fire protection districts.
Property insurance premiums are influenced by regional hazard risks, including winter weather and flood exposure in valley locations.
Data aggregated from regional census profiles for the Scranton-Wilkes-Barre metro area.
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 Resorts411.4 mi
- Reaper's Revenge4.713.1 mi
- Nova Trampoline Park4.610.1 mi
- Lahey Family Fun Park4.48 mi
- DEFY Scranton4.510.3 mi
- Mohegan Pennsylvania412.3 mi
- Montage Mountain Resorts411.4 mi
- Mohegan Arena at Casey Plaza4.414.2 mi
- Scranton/Wilkes-Barre RailRiders at PNC Field4.610.1 mi
- Reaper's Revenge4.713.1 mi
- Montage Mountain Resorts411.4 mi
- Cinemark Montage Mountain 20 and XD4.610.3 mi
- Electric City Aquarium & Reptile Den4.59.4 mi
- Steamtown National Historic Site4.89.2 mi
- Nay Aug Park4.610.7 mi
- Steamtown National Historic Site4.89.2 mi
- The Electric City Trolley Museum4.69.1 mi
- Everhart Museum4.510.7 mi
- Scranton Iron Furnaces4.59.7 mi
- Ballyhoo – Purveyors of Fine Ice Cream4.88.4 mi
- Nay Aug Park4.610.7 mi
- Lackawanna State Park4.610.6 mi
- Frances Slocum State Park4.77.8 mi
- McDade Park4.77.1 mi
- Hillside Park4.76.3 mi
- Pine Hills Country Club4.47.1 mi
- SB Golf Course3.98.2 mi
- Glenmaura National Golf Club4.710.1 mi
- Huntsville Golf Club4.612.7 mi
- Greystone Mountain Golf Club4.15.1 mi
- Viewmont Mall4.39.7 mi
- The Marketplace at Steamtown3.99.4 mi
- ShopRite of Birney Plaza4.58.7 mi
- Boscov's4.59.5 mi
- HomeGoods4.49.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational opportunities including fishing and boating.
Small neighborhood parks providing green space and playgrounds.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.