Markets/Pennsylvania/Scranton--Wilkes-Barre

Scranton--Wilkes-Barre, PA Real Estate Market 2026

Investor-grade market analytics for Scranton--Wilkes-Barre, Pennsylvania. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$235,727

+2.1% year-over-year

Est. Rental Yield

6.9%

gross annual

12-Month Forecast

+2.1%

base case (Zillow ZHVF)

+2.1% year-over-year

Climate Risk

42/100

Low

Market Momentum

๐ŸŒค๏ธ
Warm
2.3mo supply ยท Score +3/7

Net migration: Top 9% nationally

Income Migration

โžก๏ธ Neutral0.90x

In-migrants avg $46,021 AGI vs out-migrants $50,976

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Opportunity Zone Market

16 ZIP codes in Scranton--Wilkes-Barre are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Scranton--Wilkes-Barre Market Summary

Scranton--Wilkes-Barre, PA shows steady growth at 2.1% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.7x, below the national average of 4.8x. Modest net positive migration (+691 returns/year) provides steady demand support. Climate risk is moderate (42/100) with manageable exposure. Rental yield of 6.91% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score90/100
Price-to-Income Ratio3.7x (national avg 4.8x)
Median Household Income$63,656

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.1%
Base Case+2.1%
Bull Case+3.2%

Climate & Natural Hazard Risk

Scranton--Wilkes-Barre, PA's primary climate exposure is flooding (55/100). The composite climate risk score of 42/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Scranton--Wilkes-Barre dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.