New - 8 hours on Rocket
$4,453 Closing Credit¹
#751775, Listing Office: HomeStarr Realty
18509 Housing Market Report January 2025•Lackawanna County, Pennsylvania
Housing Prices in 18509, PA
How much do homes in 18509, PA cost?
Housing Market Conditions
Is 18509, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
18509 is a Seller's Market
Difference Since December 2024
Last month, 18509 has remained a Seller's Market.
Insight
18509 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$305,000$108/SqFt
+$111,500
+57.6%
Based on all homes sold in January 2025
Insight
Homes in 18509 have sold for 57.6% more than they did a month ago.
Summary: The median home sold price in 18509 was $305,000 in January 2025, up 57.6% from last month, and the median price per square foot was $108.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 18519 | $193.4K | $400K | +106.8% |
| 18509 | $193.5K | $305K | +57.6% |
| 18512 | $211.4K | $247.5K | +17.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $177.3K | $159.6K | -10.0% |
| 44 Bedrooms | $219.5K | - | N/A |
| 55+ Bedrooms | $222.5K | $307.5K | +38.2% |
Summary: 18509 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -10.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +38.2%.
Housing supply in 18509, PA
How many homes are available in 18509, PA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthJan 2025 | ||
| 312 months agoDec 2024 | -35.5 % Change MoMDec – Jan |
Summary: The 18509 real estate market had 20 homes for sale in Jan 2025, a 35.5 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 122 months agoDec 2024 | -58.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 11 | 7 | -36.4% |
| 44 Bedrooms | 7 | 3 | -57.1% |
| 55+ Bedrooms | 10 | 7 | -30.0% |
Summary: 18509 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -36.4%. The inventory for 4 bedroom homes decreased by -57.1%. The inventory for 5 bedroom homes decreased by -30.0%.
Asking Price vs. Sold Price
How much do homes in 18509, PA cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price1 Home
Insight
If you're buying a home in 18509, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 18509 in January 2025, down by 58.3% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and and 40% were sold over asking.
Days on Market for 18509, PA
How long does it take to sell a home in 18509, PA?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in 18509 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 5 homes were sold in 18509; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 35 DaysLast MonthJan 2025 | ||
| 39 Days1 month agoDec 2024 | -8.9 % Change MoMDec – Jan |
Summary: Homes in 18509 had an average listing age of 35 days in Jan 2025, down by 8.9% compared to the previous month.
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Newest Listings in 18509, PA
What homes are available in 18509, PA?
$3,266 Closing Credit¹
#PM-120078, Listing Office: Coldwell Banker Hearthside Realtors - Allentown
$2,126 Closing Credit¹
#SC250147, Listing Office: Berkshire Hathaway Home Services Preferred Properties
$3,313 Closing Credit¹
#SC250108, Listing Office: NASSER REAL ESTATE, INC.
$2,730 Closing Credit¹
#SC6446, Listing Office: Christian Saunders Real Estate
$3,681 Closing Credit¹
#SC6377, Listing Office: ERA One Source Realty
$4,156 Closing Credit¹
#SC6254, Listing Office: Real Broker, LLC
$2,968 Closing Credit¹
#SC6033, Listing Office: Lewith & Freeman RE, Inc.
$2,838 Closing Credit¹
#SC6173, Listing Office: Next Door Real Estate LLC
$938 Closing Credit¹
#SC5340, Listing Office: Berkshire Hathaway Home Services Preferred Properties
$2,957 Closing Credit¹
#SC5710, Listing Office: Berkshire Hathaway Home Services Preferred Properties
Nearby markets
Nearby markets aren't available for 18509, PA
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MLS Disclaimers and Copyright
Based on information from Greater Scranton MLS, Greater Lehigh Valley MLS, and Pocono Mountains Association of Realtors MLS for the period 12/01/2024 - 02/01/2025
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. 
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The 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: 2/1/2025, 10:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.