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WILKES BARRE, PA 18701

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

Market Analysis

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

The WILKES BARRE, PA real estate market (18701) currently shows 2 active listings. Homes are averaging 11 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 11 days on market compared to 103 days last year.

The median listing price has fallen 10.6% year-over-year, from $141,250 to $126,250.

Whether you are buying or selling in WILKES BARRE, 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: 3,710  ·  Density: 2,856.3/mi²  ·  Median household income: $30,821

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

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$126,250
⇩ 10.6% vs $141,250 last year
Average Price
$152,083
⇧ 7.7% vs $141,250 last year
Days on Market
11
⇩ 89.3% vs 103 days last year

Price Per Square Foot

Median $/sqft
$91
⇩ 4.2% vs $95/sqft last year
Median Home Size
1,653 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 11 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $126,250 (-10.6% YoY)
  • Average: $152,083 (+7.7% 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 April 2026, there are 2 active listings in WILKES BARRE, PA (zip code 18701), compared to 1 the prior year.

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

The median listing price in WILKES BARRE, PA 18701 is $126,250 as of April 2026, a 10.6% decrease from $141,250 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 11 days on the market before going under contract, compared to 103 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 April 2026, WILKES BARRE, PA 18701 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 11 days on market compared to 103 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 $2,525 compared to a typical 5% commission on the median listing price of $126,250. 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.