Home Values

Scranton 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

$81,400

  • 15.0% 1-year change
  • 1.9% 1-year forecast

The median home value in Scranton is $81,400. Scranton home values have gone up 15.0% over the past year and Zillow predicts they will rise 1.9% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Scranton 8.3 homes are foreclosed (per 10,000). This is greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Scranton is 5.7%, which is lower than the national value of 6.3%. 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 Scranton homeowners underwater on their mortgage is 20.5%.

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Relative ZHVI
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Scranton Market Overview

Data through Feb 28, 2015
  • $81,400 ZHVI
  • 1.9% 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
    (Feb 29, 2016)
  • No data Median listing price
  • No data Median sale price
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Scranton Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 20.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Florence $120,400
Timmonsville $83,700
Johnsonville $79,800
Name Median ZHVI
Coward $77,000
Lake City $75,400
Pamplico $75,300
Name Median ZHVI
Olanta $72,200
Gable $68,300
Lynchburg $67,600

Listings & Sales

  • No data
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Scranton Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $907 Scranton
    $963 Florence Metro
    $1,355 United States

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

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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