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OLYPHANT, PA 18447

Real Estate Market Report  ·  Lackawanna County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The OLYPHANT, PA real estate market (18447) currently shows 16 active listings, with 10 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 54 days on market compared to 24 days last year.

The median listing price has fallen 16.4% year-over-year, from $317,000 to $264,900.

Whether you are buying or selling in OLYPHANT, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 10,275  ·  Density: 199.3/mi²  ·  Median household income: $61,476

Typical home value: $168,222  ·  Homeownership: 72.4%

Market Overview

Active Listings
16
⇩ 36% vs 25 last year
Pending
10
63% pending ratio
Median Price
$264,900
⇩ 16.4% vs $317,000 last year
Average Price
$262,918
⇩ 20.8% vs $332,022 last year
Days on Market
54
⇧ 125% vs 24 days last year

Price Per Square Foot

Median $/sqft
$169
⇧ 15% vs $147/sqft last year
Median Home Size
1,340 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 25 last year
  • Days on market: 54 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $264,900 (-16.4% YoY)
  • Average: $262,918 (-20.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.6 miles — 304 listings ($98,666,959 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
18447Olyphant, PA 184470.0 mi18$4,194,306$201,950$233,017
18519Scranton, PA 185193.6 mi11$2,721,829$199,900$247,439
18433Jermyn, PA 184334.3 mi11$2,658,821$217,500$241,711
18434Jessup, PA 184345.1 mi10$2,783,060$237,000$278,306
18512Scranton, PA 185126.1 mi15$4,380,075$292,450$292,005
18510Scranton, PA 185107.4 mi19$4,851,346$259,900$255,334
18503Scranton, PA 185037.6 mi1$398,000$398,000$398,000
18504Scranton, PA 185047.7 mi40$8,670,400$208,000$216,760
18505Scranton, PA 185058.8 mi31$6,877,722$213,450$221,862
18419Factoryville, PA 1841910.5 mi16$7,409,632$432,400$463,102
18518Old Forge, PA 1851811.5 mi18$4,914,432$247,450$273,024
18625Lake Winola, PA 1862512.1 mi2$1,795,000$897,500$897,500
18436Lake Ariel, PA 1843612.6 mi112$47,012,336$349,450$419,753

Frequently Asked Questions

How many homes are for sale in OLYPHANT, PA 18447?

As of July 2026, there are 16 active listings in OLYPHANT, PA (zip code 18447), compared to 25 the prior year.

What is the median home price in OLYPHANT, PA 18447?

The median listing price in OLYPHANT, PA 18447 is $264,900 as of July 2026, a 16.4% decrease from $317,000 the prior year.

How long do homes stay on the market in OLYPHANT, PA?

Homes in OLYPHANT, PA 18447 spend an average of 54 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in OLYPHANT, PA 18447?

Based on current inventory and days-on-market data as of July 2026, OLYPHANT, PA 18447 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 54 days on market compared to 24 days last year.

How much can I save on real estate commission in OLYPHANT, PA?

With SELL123.com's maximum 3% commission, sellers in OLYPHANT, PA 18447 save an estimated $5,298 compared to a typical 5% commission on the median listing price of $264,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.