Stay informed with Rocket and Redfin

Understand your market like never before.

Blakely Housing Market Report June 2025•Lackawanna County, Pennsylvania

hero building illustration for mobile

Housing Prices in Blakely, PA

How much do homes in Blakely, PA cost?

Housing Market Conditions

Is Blakely, 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

Blakely is a Seller's Market

Difference Since June 2024

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

Insight

Blakely 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.
$250,000$140/SqFt
+$57,125
+29.6%

Based on all homes sold in the last 12 months

Insight

Homes in Blakely have sold for 29.6% more than they did a year ago.

Summary: The median home sold price in Blakely was $250,000 in June 2025, up 29.6% from last year, and the median price per square foot was $140.

Median Sold Price By Cities

Median Sold Price By Cities
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
Peckville
+37.3%
Blakely
+29.6%
Archbald
+18.3%
Olyphant
+11.4%

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.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$147.5K$180K
+22.0%
3$190K$261.7K
+37.8%
4$165K$275.7K
+67.1%
5$250K$397.4K
+59.0%

Summary: Blakely 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 +22.0%. The home price for 3 bedroom homes increased by +37.8%. The home price for 4 bedroom homes increased by +67.1%. The home price for 5 bedroom homes increased by +59.0%.

How does Blakely, PA compare with other places?

Market comparison tool

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

Blakely, PA

Housing supply in Blakely, PA

How many homes are available in Blakely, 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
11Last MonthJun 2025
112 months agoMay 2025
0.0 %
Change MoMMay – Jun

Summary: The Blakely real estate market had 11 homes for sale in Jun 2025, the same as 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
32 months agoMay 2025
+66.7 %
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%
222
0.0%
354
-20.0%
434
+33.3%
511
0.0%

Summary: Blakely 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 remained the same. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Blakely, 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 Price5 Homes

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Blakely, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Blakely in June 2025, up by 66.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Blakely, PA

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

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During June 2025, 5 homes were sold in Blakely; 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
5 DaysThis YearJun 2025
72 Days1 year agoJun 2024
-92.2 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Blakely had an average listing age of 5 days in Jun 2025, down by 92.2% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Blakely, PA

What homes are available in Blakely, PA?

See More Listings

Nearby markets

Nearby markets aren't available for Blakely, PA

Popular Cities with Homes for Sale in Pennsylvania

MLS Disclaimers and Copyright

Based on information from Greater Scranton MLS, for the period 07/01/2023 - 07/01/2025

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.

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, 11:45:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.