Why Buy a Home in Scranton, Pennsylvania?
Why Buy a Home in Scranton, PA?
Scranton can be the perfect place to buy your next home, thanks to its affordable living, gorgeous mountain views, and friendly community. Scranton is a charming city that offers a blend of history and nature and is located just two hours from both New York City and Philadelphia.
Looking for inspiration? View our curated gallery of Stunning Homes in Scranton.
Scranton’s real estate market is currently thriving. It has a median home sale price of $180,000, which is an 8.8% increase from the previous year. Scranton homes are selling quickly, typically within 37 days, and at a premium, with a sale-to-list price ratio of 98.94%, which indicates a strong seller’s market.
Despite the high demand, Scranton offers a balanced level of homes available currently, there are 160 homes for sale and 63 new listings.
Scranton’s cost of living is 9% lower than the national average, making it an affordable option for homebuyers. With some of the lowest property taxes in the area, you can get more for your money. This combination of affordability and low taxes makes Scranton an attractive place to live and a great investment for the future.
The median home price in Scranton, PA, is currently $190,000. The market here shows a good range of options, so whether you’re looking for a starter home, a multi-family investment, or a comfortable family residence, Scranton, PA, has a home for you.
Located in the foothills of the Moosic Mountains, Scranton offers gorgeous homes with stunning mountain views and a charming historic downtown. With a wide range of housing options, from historic homes to modern condos and affordable prices, it’s a great place to buy a home.
Also check out our single family Scranton Homes for Sale listings.
Our team at the main Classic Properties office in Clark’s Summit can help you find your dream home in Scranton and the surrounding areas. Whether you’re moving to Scranton for affordable living, rich history, or mountain views, we can guide you through the entire process. You can contact our Clark’s Summit office at 570-587-7000 or visit us at 324 S State Street, Clarks Summit, PA 18411.