ZIP Code Market Report
18503 — Scranton, PA
Data through February 2026 · Updated monthly
Avg Home Value
$170,403
▲ 0.1% year-over-year
Month-over-Month
+1.5%
▲ 1.5%
Single Family
--
Condo / Co-op
--
The average home value in the 18503 ZIP code (Scranton, Pennsylvania) is $170,403 as of February 2026. Home prices are stable, up 0.1% compared to last year.
Looking ahead, Zillow's forecast model projects home values in the 18503 ZIP code will increase 1.9% over the next 12 months, bringing the projected average to approximately $173,641. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Lackawanna County market area in Pennsylvania. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Lackawanna County report.
Free Home Value Estimate
What's your home worth in 18503 (Scranton)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
18503 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $169,241 | $167,839 | $170,403 | ▲ 0.7% |
Home Values
18503 Home Value Trend
Historical home values for ZIP code 18503. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 18503
How different property types compare in this ZIP code.
All Homes
$170,403
Top Tier
$255,850
Forecast
12-Month Home Value Forecast for 18503
Zillow projects home values in 18503 will increase 1.9% over the next year, reaching approximately $173,641.
Current Value
$170,403
Projected Change
+1.9%
▲ 1.9%
Projected Value
$173,641
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 18503 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Scranton?
Run your ARV and MAO instantly with live market data