Explore Scranton
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Why Live in Scranton
Scranton's rich cultural heritage comes alive through unique attractions like the Steamtown National Historic Site, where visitors explore America's railroad history, and the Lackawanna Coal Mine Tour, which takes guests 300 feet underground into a real coal mine. The city features extensive outdoor recreation at Nay Aug Park, complete with hiking trails and waterfalls, while the Lackawanna River Heritage Trail provides miles of scenic paths for walking and biking. The Scranton Cultural Center hosts performances in a historic Masonic Temple, and First Friday art walks bring the downtown galleries to life each month. Local dining ranges from Cooper's Seafood House, housed in a distinctive pirate ship building, to upscale options like Posh at The Scranton Club and authentic Brazilian cuisine at Ipanema Grille.
The real estate landscape in Scranton presents diverse options across several neighborhoods. The Hill Section commands a median single family home price of $217,500, while Hyde Park's median single family home price sits at $169,900. East Mountain features single family homes with a median price of $250,000. Citywide, the median sale price for all homes is $180,000, with townhomes at $201,500. One bedroom condos start at a median price of $118,500, while two bedroom condos have a median price of $143,100.
Scranton maintains a cost of living 9% below the national average. Property taxes in Lackawanna County stand at 1.53%, matching nearby Wilkes Barre and Hazleton. A family with school age children needs approximately $97,000 annually to live comfortably, while renters should aim for $55,000. Monthly grocery costs average $1,500 for families and $700 for renters. The University of Scranton and Marywood University anchor the higher education landscape, while North Pocono High School and Scranton Preparatory School lead the K 12 options with B Plus and A ratings respectively.
Home Prices in Scranton, PA
The median home sale price in Scranton, PA is $195,700, up 5% year-over-year. Homes in Scranton sell in 41 days on average, compared to the national average of 56 days.
Home Price Trends
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Median Sale Price
$195,700
|
Median Single Family Sale Price
$198,000
|
|
Median Townhouse Sale Price
$210,000
|
Median 2 Bedroom Sale Price
$154,445
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Median 1 Bedroom Sale Price
$115,000
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Average Price Per Sq Ft
$128
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Number of Homes for Sale
126
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Last 12 months Home Sales
607
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Months of Supply
2.50
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Median List Price
$201,000
|
|
Median Change From 1st List Price
3%
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Median Home Sale Price YoY Change
5%
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Popular Home Searches in Scranton, PA
With its industrial roots and growing revitalization, Scranton draws buyers seeking affordable homes, older charm, and modern touches near the Pocono foothills.
- Drawn to historic charm? Explore Victorian homes or craftsman style properties in neighborhoods like Hill Section or Green Ridge.
- Looking for extra space? Listings with a garage or backyard are common in West and South Scranton.
- Prefer convenience? Homes with in-unit laundry and air conditioning are found in updated rowhouses or new builds.
- Want cozy features? Browse listings with fireplaces or original hardwood floors throughout.
- Low-maintenance options? Consider condos or single-story homes near universities and shopping corridors.