Land Foreclosures in Scranton, PA

Buyer vs Seller Market in Scranton, PA

The Scranton real estate market is currently experiencing moderate growth, with property values gradually increasing as demand for housing rises. The market has attracted both first-time buyers and investors, thanks to the affordable pricing compared to other metropolitan areas in Pennsylvania.

As the economy continues to improve, new developments and renovations are shaping the landscape of Scranton, leading to revitalization in certain neighborhoods, thus creating additional buying opportunities.

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.