Condo Foreclosures in Scranton, PA 18504

Current Market Conditions in Scranton, PA

The current real estate market in Scranton is on the rise, with an increasing demand for homes leading to a slight uptick in property prices. Many buyers are drawn to the city’s rich history and affordable living, leading to competitive offers in popular neighborhoods.

There is a notable trend of young professionals and families moving into Scranton, which is fostering revitalization in certain neighborhoods. Investments in local infrastructure and commercial developments are making Scranton an attractive place for real estate investments.

Rent Prices In Scranton, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Scranton, PA, is on a rollercoaster ride. The average rent price in Scranton, PA, is $1,039.00. Indeed, when looking to rent in Scranton, PA, you can expect to pay as little as $500.00 or as much as $2,680.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Scranton, PA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.