18510 Housing Market Report January 2025•Lackawanna County, Pennsylvania

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Housing Prices in 18510, PA

How much do homes in 18510, PA cost?

Housing Market Conditions

Is 18510, 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

18510 is a Buyer's Market

Difference Since January 2024

At the same time last year, 18510 was a Seller's Market.

Insight

18510 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$229,450$103/SqFt
+$62,450
+37.4%

Based on all homes sold in the last 12 months

Insight

Homes in 18510 have sold for 37.4% more than they did a year ago.

Summary: The median home sold price in 18510 was $229,450 in January 2025, up 37.4% from last year, and the median price per square foot was $103.

Median Sold Price By City

Median Sold Price By City
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
18510
+37.4%
18505
+7.4%

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.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$123.7K$155K
+25.3%
3$165K$185K
+12.1%
4$168.5K$250K
+48.4%
5$225K$260K
+15.6%

Summary: 18510 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 increased by +25.3%. The home price for 3 bedroom homes increased by +12.1%. The home price for 4 bedroom homes increased by +48.4%. The home price for 5 bedroom homes increased by +15.6%.

Housing supply in 18510, PA

How many homes are available in 18510, 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
28Last MonthJan 2025
312 months agoDec 2024
-9.7 %
Change MoMDec – Jan

Summary: The 18510 real estate market had 28 homes for sale in Jan 2025, a 9.7 % decrease compared to Dec 2024.

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
2Last MonthJan 2025
92 months agoDec 2024
-77.8 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
222
0.0%
314
+300.0%
41511
-26.7%
51311
-15.4%

Summary: 18510 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 increased by +300.0%. The inventory for 4 bedroom homes decreased by -26.7%. The inventory for 5 bedroom homes decreased by -15.4%.

Asking Price vs. Sold Price

How much do homes in 18510, 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 Price1 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in 18510, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 18510 in January 2025, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.

Days on Market for 18510, PA

How long does it take to sell a home in 18510, PA?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 18510 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 2 homes were sold in 18510; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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
17 DaysThis YearJan 2025
34 Days1 year agoJan 2024
-50.6 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 18510 had an average listing age of 17 days in Jan 2025, down by 50.6% compared to the previous year.

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Newest Listings in 18510, PA

What homes are available in 18510, PA?

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Nearby markets aren't available for 18510, PA

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MLS Disclaimers and Copyright

Based on information from Greater Scranton MLS, Greater Lehigh Valley MLS, and Pike/Wayne Association of Realtors MLS for the period 02/01/2023 - 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. 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.


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, 7:15:59 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, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 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: 2/1/2025, 7:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.