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WILKES BARRE, PA 18701

Real Estate Market Report  ·  Luzerne County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The WILKES BARRE, PA real estate market (18701) currently shows 4 active listings. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 48 days on market compared to 49 days last year.

The median listing price has fallen 38% year-over-year, from $417,450 to $258,750.

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Market Context

Market Context

Population: 3,710  ·  Density: 2,856.3/mi²  ·  Median household income: $30,821

Typical home value: $225,009  ·  Homeownership: 8.7%

Market Overview

Active Listings
4
⇧ 100% vs 2 last year
Pending
0
0% pending ratio
Median Price
$258,750
⇩ 38% vs $417,450 last year
Average Price
$292,708
⇩ 29.9% vs $417,450 last year
Days on Market
48
⇩ 2% vs 49 days last year

Price Per Square Foot

Median $/sqft
$109
⇧ 21.1% vs $90/sqft last year
Median Home Size
2,435 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
—

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 2 last year
  • Days on market: 48 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $258,750 (-38% YoY)
  • Average: $292,708 (-29.9% 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 15.0 miles — 220 listings ($63,884,161 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
18701Wilkes Barre, PA 187010.0 mi1$180,000$180,000$180,000
18705Wilkes Barre, PA 187053.0 mi24$5,689,728$242,250$237,072
18706Wilkes Barre, PA 187063.0 mi10$1,804,290$175,000$180,429
18708Shavertown, PA 187085.3 mi11$6,389,185$477,500$580,835
18702Wilkes Barre, PA 187026.4 mi69$16,449,945$199,000$238,405
18634Nanticoke, PA 186348.0 mi25$4,388,975$164,450$175,559
18643Pittston, PA 186438.8 mi17$4,660,652$253,675$274,156
18642Duryea, PA 186429.5 mi10$2,657,000$274,950$265,700
18621Hunlock Creek, PA 1862110.7 mi4$1,152,960$229,975$288,240
18518Old Forge, PA 1851811.8 mi18$4,914,432$247,450$273,024
18661White Haven, PA 1866112.9 mi22$12,781,494$271,200$580,977
18660Wapwallopen, PA 1866013.4 mi6$1,623,000$219,500$270,500
18615Falls, PA 1861515.0 mi3$1,192,500$397,500$397,500

Frequently Asked Questions

How many homes are for sale in WILKES BARRE, PA 18701?

As of September 2026, there are 4 active listings in WILKES BARRE, PA (zip code 18701), compared to 2 the prior year.

What is the median home price in WILKES BARRE, PA 18701?

The median listing price in WILKES BARRE, PA 18701 is $258,750 as of September 2026, a 38% decrease from $417,450 the prior year.

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

Homes in WILKES BARRE, PA 18701 spend an average of 48 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in WILKES BARRE, PA 18701?

Based on current inventory and days-on-market data as of September 2026, WILKES BARRE, PA 18701 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 49 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WILKES BARRE, PA 18701 save an estimated $5,175 compared to a typical 5% commission on the median listing price of $258,750. 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.