Tunkhannock Township Housing Market Report February 2025•Wyoming County, Pennsylvania

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Housing Prices in Tunkhannock Township, PA

How much do homes in Tunkhannock Township, PA cost?

Housing Market Conditions

Is Tunkhannock Township, 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

Tunkhannock Township is a Neutral Market

Difference Since February 2024

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

Insight

Tunkhannock Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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.
$245,000$135/SqFt
+$15,078
+6.6%

Based on all homes sold in the last 12 months

Insight

Homes in Tunkhannock Township have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Tunkhannock Township was $245,000 in February 2025, up 6.6% from last year, and the median price per square foot was $135.

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
Washington Township
+11.8%
Tunkhannock
+6.7%
Tunkhannock Township
+6.6%

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.
BedsFeb 2024Feb 2025Change YoY
1$125K$225K
+80.0%
2$265K$217.5K
-17.9%
3$219.9K$237.5K
+8.0%
4$290K$265K
-8.6%
5$373.2K$327K
-12.4%

Summary: Tunkhannock Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +80.0%. The home price for 2 bedroom homes decreased by -17.9%. The home price for 3 bedroom homes increased by +8.0%. The home price for 4 bedroom homes decreased by -8.6%. The home price for 5 bedroom homes decreased by -12.4%.

Housing supply in Tunkhannock Township, PA

How many homes are available in Tunkhannock Township, 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
21Last MonthFeb 2025
192 months agoJan 2025
+10.5 %
Change MoMJan – Feb

Summary: The Tunkhannock Township real estate market had 21 homes for sale in Feb 2025, a 10.5 % increase compared to Jan 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
3Last MonthFeb 2025
12 months agoJan 2025
+200.0 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
111
0.0%
222
0.0%
31112
+9.1%
423
+50.0%
533
0.0%

Summary: Tunkhannock Township housing inventory by bedroom type for February 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 +9.1%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Tunkhannock Township, 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 Price2 Homes

Insight

If you're buying a home in Tunkhannock Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Tunkhannock Township in February 2025, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.

Days on Market for Tunkhannock Township, PA

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Tunkhannock Township has remained consistent over time.

Summary: During February 2025, 3 homes were sold in Tunkhannock Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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
96 DaysThis YearFeb 2025
84 Days1 year agoFeb 2024
+14.9 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Tunkhannock Township had an average listing age of 96 days in Feb 2025, up by 14.9% compared to the previous year.

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Newest Listings in Tunkhannock Township, PA

What homes are available in Tunkhannock Township, PA?

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Nearby markets

Nearby markets aren't available for Tunkhannock Township, PA

Popular Cities with Homes for Sale in Pennsylvania

MLS Disclaimers and Copyright

Based on information from Greater Scranton MLS, and Greater Lehigh Valley MLS for the period 03/01/2023 - 03/01/2025

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: 3/4/2025, 12:16:00 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: 3/4/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.