Scranton, PA Housing Market Forecast 2027
A momentum-based outlook built from real market data: the PropertyIQ demand score, days on market, and price-cut trends — refreshed monthly, with a confidence grade. No speculation, no price targets.
Will Scranton, PA Home Prices Crash in 2026?
The momentum data provided does not show conditions that would point to a home price crash in Scranton in 2026. A crash would typically be associated with falling home values, rising days on market, an elevated and rising share of price cuts, and weakening demand momentum. The Scranton data does not show that combination. The PropertyIQ Score is 90 out of 100, well above the state average benchmark of 50. Home values rose 7.17 percent over the past 12 months and 3.12 percent over the past 3 months. The median days on market is 44 days, and 21.0 percent of listings have had a price cut. These figures describe a market with firm demand and steady turnover, not a market tilting into contraction.
What the data does not show is just as important. It does not contain a forward price forecast, and it cannot rule out outside shocks or changes in the broader economy. Population growth is marked N/A, so one potential long-run demand driver is missing. The crash question can only be answered by current momentum, and that current momentum does not show the weakening signals that would typically accompany a crash.
Momentum Signals
The PropertyIQ Score of 90 is driven by several momentum indicators. The 12-month home value momentum of 7.17 percent shows sustained upward price movement over the past year. The 3-month home value momentum of 3.12 percent shows that near-term price movement has remained firm. Together, these two price momentum drivers describe rising home values rather than cooling or declining ones.
The median days on market of 44 days is another top score driver. A 44-day median suggests homes are moving at a steady pace, which is consistent with firm buyer interest. The share of listings with a price cut is 21.0 percent. That means about one in five listings has reduced its asking price. This points to some normal negotiation between buyers and sellers, but it does not indicate broad distress or a sharp repricing event. If price cuts were rising alongside slower days on market, the read would be different. The current data does not show that combination.
Other metrics add context. The median home value is $235,727 and the rent index is $1,358. The unemployment rate is 4.2 percent, and there are 1,109 homes for sale. Inventory alone is not a clear signal without an absorption rate, but paired with a 44-day median and a 21.0 percent price cut share, it suggests supply is being absorbed without heavy discounting.
How Scranton, PA Compares
Compared with the Pennsylvania state averages provided, Scranton has a lower median home value at $235,727 versus $290,401. That places Scranton below the state average on home values. Its rent index is higher at $1,358 versus the state average of $1,162. This combination of lower home values and higher rents may be supporting local demand, though the dataset does not explain the gap.
Scranton’s unemployment rate is 4.2 percent, slightly above the state average of 3.9 percent. Median household income is $63,656, below the state average of $76,081. These are softer local fundamentals relative to the state. Even with those softer income and unemployment figures, Scranton’s PropertyIQ Score of 90 is well above the state benchmark of 50. That indicates firmer demand momentum than the state average.
National benchmarks were not provided, so a national comparison cannot be made. The state comparison is the only external benchmark available in this dataset. Within that comparison, Scranton shows firmer momentum signals than the state benchmark, alongside lower income and slightly higher unemployment.
The Bottom Line for 2026
The current momentum outlook for Scranton is firm and rising on the data points that drive the PropertyIQ Score. Home value momentum is upward over both the 12-month and 3-month windows. The median days on market is 44 days, and the price cut share of 21.0 percent is not signaling distress. The PropertyIQ Score of 90, with a confidence grade of A, indicates high confidence in this demand-momentum reading.
The bottom line is that the provided momentum data does not support a crash scenario for Scranton in 2026. It also does not support a boom call. It supports a continuing firm demand environment, with some mixed fundamentals in the form of lower median income and slightly higher unemployment compared with the state. Population growth data is missing, which limits the full picture. As a momentum outlook, the data points toward steady to rising demand conditions, not a sharp downturn. No specific future price, percentage change, or price target should be read into this analysis.