SIALIMStatistical Intelligence for America's Local Investment Markets

18508Scranton, PA Home Values

Typical home value $172,531 as of June 2026 · 57th of 62 in Scranton--Wilkes-Barre, PA

Typical value — June 2026
$172,531
observed, not a forecast
Past 12 months
-10.3%
trailing year-over-year change
Past 5 years
+51.4%
June 2021 to June 2026
Rank in metro
57th
of 62 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 18508, June 2021 to June 2026. This page shows observed data only; no forecast.

How 18508 compares in the Scranton--Wilkes-Barre, PA area

ZIP code 18508 (Scranton, PA) has a typical home value of $172,531 as of June 2026, ranking 57th of 62 ZIP codes tracked in the Scranton--Wilkes-Barre, PA area, more expensive than about 10% of ZIP codes in the metro. Prices here have moved -10.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +51.4%, from $113,959 in June 2021 to $172,531 in June 2026. Against observed rent, the typical home here sells for 9.9× the annual rent ($1,449/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Scranton--Wilkes-Barre, PA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Scranton.

Population and demographics

ZIP code 18508 has a population of 11,347, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 74% White, 16.1% Hispanic or Latino, 6.2% Black or African American, 3.1% two or more races, 0.4% Asian, and 0.3% another race.

Nearby public schools

SchoolAddressDistance
Career Technology Center of Lackawanna County3201 Rockwell Avenue, Scranton, PA0.3 mi
Neil Armstrong #40N Lincoln Ave & Clearview St, Scranton, PA1.5 mi
Robert Morris #271824 Boulevard Ave, Scranton, PA1.7 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 18508?

$172,531 as of June 2026, the latest month Zillow has published observed data for.

Is 18508 an expensive ZIP code in the Scranton--Wilkes-Barre, PA area?

18508 ranks 57th of 62 ZIP codes in the Scranton--Wilkes-Barre, PA area by typical home value, more expensive than about 10% of ZIP codes in the metro.

How much have home values in 18508 changed over the past year?

-10.3% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 18508?

The typical home price is 9.9× the observed annual rent in this ZIP code ($1,449/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 18508?

11,347, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 18508?

Career Technology Center of Lackawanna County (0.3 mi), Neil Armstrong #40 (1.5 mi), Robert Morris #27 (1.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 18508?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Scranton--Wilkes-Barre, PA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.