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18438 Housing Market Report June 2025•Wayne County, Pennsylvania

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Housing Prices in 18438, PA

How much do homes in 18438, PA cost?

Housing Market Conditions

Is 18438, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

18438 is a Seller's Market

Difference Since June 2024

Since last year, 18438 has remained a Seller's Market.

Insight

18438 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$477,400$249/SqFt
-$29,600
-5.8%

Based on all homes sold in the last 12 months

Insight

Homes in 18438 have sold for 5.8% less than they did a year ago.

Summary: The median home sold price in 18438 was $477,400 in June 2025, down 5.8% from last year, and the median price per square foot was $249.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
18428
+8.6%
18436
+5.2%
18438
-5.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$314.9K$566.5K
+79.9%
3$469.5K$410K
-12.7%
4$579K$563.5K
-2.7%
5$1.7M$2.3M
+35.3%

Summary: 18438 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +79.9%. The home price for 3 bedroom homes decreased by -12.7%. The home price for 4 bedroom homes decreased by -2.7%. The home price for 5 bedroom homes increased by +35.3%.

How does 18438, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

18438, PA

Housing supply in 18438, PA

How many homes are available in 18438, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
22Last MonthJun 2025
182 months agoMay 2025
+22.2 %
Change MoMMay – Jun

Summary: The 18438 real estate market had 22 homes for sale in Jun 2025, a 22.2 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthJun 2025
42 months agoMay 2025
+25.0 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
202
+100.0%
3108
-20.0%
4710
+42.9%
512
+100.0%

Summary: 18438 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes increased by +42.9%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in 18438, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in 18438, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 18438 in June 2025, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and and 40% were sold over asking.

Days on Market for 18438, PA

How long does it take to sell a home in 18438, PA?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Many homes in 18438 are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 5 homes were sold in 18438; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
113 DaysThis YearJun 2025
11 Days1 year agoJun 2024
+884.8 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in 18438 had an average listing age of 113 days in Jun 2025, up by 884.8% compared to the previous year.

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Newest Listings in 18438, PA

What homes are available in 18438, PA?

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Nearby markets

Nearby markets aren't available for 18438, PA

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MLS Disclaimers and Copyright

Based on information from Pike/Wayne Association of Realtors MLS, Pocono Mountains Association of Realtors MLS, and Greater Scranton MLS for the period 07/01/2023 - 07/01/2025

© 2025 Pike Wayne Association of REALTORS MLS. Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 2:45:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site includes listings held by MLS IDX Participants of the Internet Data Exchange Program of the Multiple Listing Service of the Pocono Mountain Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed of implied.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 2:45:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses. IDX Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 2:45:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.