Market Intelligence Report — PA-540

Scranton--Wilkes-Barre, PA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PA-09
As of the latest 2026 data
Cooling

Median Listing

$272K
+3.6% YoY

Pending Ratio

0.31
-0.5% YoY

Active Inventory

1,180
+8.1% YoY

Median DOM

48 Days
-1.0% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Scranton--Wilkes-Barre market?

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The market in the metro area is experiencing a cooling trend, with the pending ratio registering at 0.31. This reflects a deceleration in buyer activity, alongside an expansion in inventory. Active listings have increased by 8.1% year-over-year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.8%-1.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

574,418+0.2% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Scranton--Wilkes-Barre market right now.

Inventory levels continue to expand, with active listings up 8.1% year-over-year and new listings increasing by 19.1% over the past year. Concurrently, the median listing price has declined by 3.0% month-over-month, though it maintains a 3.6% increase year-over-year. Demand, as indicated by the pending ratio of 0.31, shows signs of contraction.

Historical Analysis

Market Trends

Median Price

$272K-3.0% MoM

Active Inventory

1,180+8.1% YoY

Days on Market

48-1.0% YoY

Sold Score™

46-0.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

46
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current environment suggests a decelerating pace of transactions, with expanding inventory exerting pressure on pricing discipline. Sellers may need to adjust expectations regarding time on market and price reductions. The expansion of available properties indicates a more deliberate market.

Luxury Segment

The average listing price has increased by 5.2% year-over-year to $348,821, outpacing the 3.6% year-over-year growth in the median listing price. This widening spread suggests relative resilience or sustained activity at higher price tiers, further supported by a 3.9% year-over-year increase in median $/sqft.

Supply Dynamics

1,180 active listings represent the current floor, with new supply arriving at roughly 562 per month.

Pricing Pressure
22.3%

of active listings carry a price reduction, -1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.9% year-over-year.

Absorption
0.31

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Scranton--Wilkes-Barre, PA? Buyer Demand Index is running at 31%.

Buyers have leverage in Scranton--Wilkes-Barre, PA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
31%
Median Days on Market
48 days
Inventory YoY
+8%

In a buyer's market, strategy beats timing. See how your home scores in Scranton--Wilkes-Barre, PA and what moves the number.

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Metro Demographics

Metro Area
Scranton--Wilkes-Barre, PA
CBSA Code
42540
State
PA

ZIPs in Scranton--Wilkes-Barre, PA

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