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 Trends in Scranton, PA
On average, homes in Scranton, PA sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Scranton, PA over the last 12 months is $179,200, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$179,200
Median Single Family Sale Price
$179,900
Median Townhouse Sale Price
$215,000
Median 2 Bedroom Sale Price
$143,000
Median 1 Bedroom Sale Price
$118,500
Average Price Per Sq Ft
$117
Number of Homes for Sale
97
Last 12 months Home Sales
572
Median List Price
$189,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
7%