Home Values

18508 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$69,200

  • 0.9% 1-year change
  • 3.0% 1-year forecast

The median home value in 18508 is $69,200. 18508 home values have gone up 0.9% over the past year and Zillow predicts they will rise 3.0% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In 18508 2.8 homes are foreclosed (per 10,000). This is lower than the Scranton value of 3.3 and also lower than the national value of 3.5

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 18508 homeowners underwater on their mortgage is 31.9%, which is higher than Scranton at 29.3%.

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Relative ZHVI
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18508 Market Overview

Data through May 31, 2015
  • $69,200 ZHVI
  • 3.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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18508 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 31.9% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

2.8 homes 18508
3.3 homes Scranton
3.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
18447 $123,800
18452 $117,900
18512 $106,400
Name Median ZHVI
18517 $102,800
18509 $97,200
18510 $94,800
Name Median ZHVI
18519 $93,400
18505 $78,900
18504 $78,300

Listings & Sales

  • No data
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18508 Rentals

Data through May 31, 2015
  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $1.01 Rent list price / sq ft
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