Market Intelligence Report — PA-540

Scranton--Wilkes-Barre, PA

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

Ref. No: 2026-PA-08
As of the latest 2026 data
Cooling

Median Listing

$280K
+8.1% YoY

Pending Ratio

0.34
-0.2% YoY

Active Inventory

1,109
+6.0% YoY

Median DOM

44 Days
-12.0% YoY

Primary Intelligence Tool — Sold Score™

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

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Scranton--Wilkes-Barre, PA.

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The market is currently in a Cooling phase, characterized by a pending ratio of 0.34, indicating that demand absorption is moderate relative to available inventory. The median listing price has increased by 8.1% year-over-year, while active listings have grown by 6.0% over the same period.

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

4.7%-0.7 pp YoY

Unemployment rate · Jul 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.

Active listings have expanded by 6.0% year-over-year, reaching 1,109 units, though new listings declined by 4.6% over the past year. The pending ratio has decreased by 0.2 year-over-year to 0.34, reflecting a deceleration in demand relative to supply. Despite this, the median listing price shows an 8.1% year-over-year appreciation, even as it experienced a modest 0.8% month-over-month decrease.

Historical Analysis

Market Trends

Median Price

$280K-0.8% MoM

Active Inventory

1,109+6.0% YoY

Days on Market

44-12.0% YoY

Sold Score™

47-0.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

47
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

With a pending ratio of 0.34 and a 6.0% increase in active listings year-over-year, properties generally face less immediate competitive pressure. Buyers may encounter more opportunities for price discovery, as the pace of sales suggests that sellers might need to demonstrate greater price discipline to attract offers. This environment implies a more considered sales cycle.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

1,109 active listings represent the current floor, with new supply arriving at roughly 576 per month.

Pricing Pressure
21.0%

of active listings carry a price reduction, -0.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.2% year-over-year.

Absorption
0.34

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Scranton--Wilkes-Barre, PA? Homes here are taking 6 days less to sell than last year.

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
34%
Median Days on Market
44 days
Inventory YoY
+6%

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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