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WILKES BARRE, PA 18702

Real Estate Market Report  ·  Luzerne County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
75
⇧ 8.7% vs 69 last year
Pending
8
11% pending ratio
Median Price
$189,900
⇩ 2.4% vs $194,475 last year
Average Price
$232,170
⇩ 7% vs $249,608 last year
Days on Market
56
⇧ 14.3% vs 49 days last year

Market Context

Population: 42,768  ·  Density: 211.5/mi²  ·  Median household income: $53,294

Typical home value: $108,779  ·  Homeownership: 56.7%

Market Analysis

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

The WILKES BARRE, PA real estate market (18702) currently shows 75 active listings, with 8 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 56 days on market compared to 49 days last year.

The median listing price has fallen 2.4% year-over-year, from $194,475 to $189,900.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 75 this year vs 69 last year
  • Days on market: 56 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $189,900 (-2.4% YoY)
  • Average: $232,170 (-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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.4 miles — 373 listings ($147,184,296 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
18702Wilkes Barre, PA 187020.0 mi75$17,412,750$189,900$232,170
18705Wilkes Barre, PA 187055.5 mi22$5,092,296$219,950$231,468
18701Wilkes Barre, PA 187016.4 mi0$0$159,900$159,900
18704Kingston, PA 187047.8 mi47$12,187,429$236,950$259,307
18641Pittston, PA 186418.7 mi7$1,570,520$239,000$224,360
18642Duryea, PA 186429.6 mi11$2,609,519$205,000$237,229
18644Wyoming, PA 186449.9 mi7$1,896,720$297,569$270,960
18507Moosic, PA 1850710.8 mi15$9,111,135$454,850$607,409
18518Old Forge, PA 1851811.2 mi22$5,598,186$239,900$254,463
18517Taylor, PA 1851712.8 mi4$1,093,200$220,000$273,300
18424Gouldsboro, PA 1842413.0 mi60$26,928,420$359,500$448,807
18624Lake Harmony, PA 1862413.4 mi74$50,927,688$451,000$688,212
18444Moscow, PA 1844414.4 mi29$12,756,433$409,000$439,877

Frequently Asked Questions

How many homes are for sale in WILKES BARRE, PA 18702?

As of January 2026, there are 75 active listings in WILKES BARRE, PA (zip code 18702), compared to 69 the prior year.

What is the median home price in WILKES BARRE, PA 18702?

The median listing price in WILKES BARRE, PA 18702 is $189,900 as of January 2026, a 2.4% decrease from $194,475 the prior year.

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

Homes in WILKES BARRE, PA 18702 spend an average of 56 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 18702?

Based on current inventory and days-on-market data as of January 2026, WILKES BARRE, PA 18702 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 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 18702 save an estimated $3,798 compared to a typical 5% commission on the median listing price of $189,900. 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.