Clarks Summit Housing Market Report May 2025•Lackawanna County, Pennsylvania

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Housing Prices in Clarks Summit, PA

How much do homes in Clarks Summit, PA cost?

Housing Market Conditions

Is Clarks Summit, 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

Clarks Summit is a Seller's Market

Difference Since May 2024

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

Insight

Clarks Summit 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.
$320,605$158/SqFt
+$28,605
+9.8%

Based on all homes sold in the last 12 months

Insight

Homes in Clarks Summit have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Clarks Summit was $320,605 in May 2025, up 9.8% from last year, and the median price per square foot was $158.

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
Clarks Summit
+9.8%
South Abington Township
-0.6%
Abington Township
-2.5%

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.
BedsMay 2024May 2025Change YoY
1-$180K
N/A
2$235K$260.7K
+11.0%
3$280K$310K
+10.7%
4$367.9K$370K
+0.6%
5$617.2K$409K
-33.7%

Summary: Clarks Summit housing price by bedroom type for May 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 +11.0%. The home price for 3 bedroom homes increased by +10.7%. The home price for 4 bedroom homes increased by +0.6%. The home price for 5 bedroom homes decreased by -33.7%.

How does Clarks Summit, PA compare with other places?

Market comparison tool

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

Clarks Summit, PA

Housing supply in Clarks Summit, PA

How many homes are available in Clarks Summit, 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
35Last MonthMay 2025
362 months agoApr 2025
-2.8 %
Change MoMApr – May

Summary: The Clarks Summit real estate market had 35 homes for sale in May 2025, a 2.8 % decrease compared to Apr 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
8Last MonthMay 2025
82 months agoApr 2025
0.0 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
111
0.0%
234
+33.3%
31213
+8.3%
4129
-25.0%
588
0.0%

Summary: Clarks Summit housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes increased by +8.3%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Clarks Summit, 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 Price1 Home

Under Asking Price6 Homes

Insight

If you're buying a home in Clarks Summit, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Clarks Summit in May 2025, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and and 13% were sold over asking.

Days on Market for Clarks Summit, PA

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

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

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

Summary: During May 2025, 8 homes were sold in Clarks Summit; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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
63 DaysThis YearMay 2025
43 Days1 year agoMay 2024
+48.2 %
Change YoYMay 2024 – May 2025

Summary: Homes in Clarks Summit had an average listing age of 63 days in May 2025, up by 48.2% compared to the previous year.

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Newest Listings in Clarks Summit, PA

What homes are available in Clarks Summit, PA?

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Nearby markets aren't available for Clarks Summit, PA

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MLS Disclaimers and Copyright

Based on information from Greater Scranton MLS, for the period 06/01/2023 - 06/01/2025

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: 6/27/2025, 4:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.