Similar to the surrounding areas, it's a lot less expensive compared to the nation as a whole. Compared to the city of Dickinson, it is a lot less expensive.
Home prices
The price of the median home in Scranton is $110,700. Compared to the surrounding areas this is approximately $2,580 (2%) lower.Compared to the US as a whole it is about $106,800 (49%) lower, and in comparison to the city of Dickinson it is roughly $127,300 (53%) lower.
Rents
The median monthly rent in Scranton is $908. It is about $228 (33%) higher compared to nearby areas.It is approximately $154 (14%) lower compared to the entire country, and in comparison to the city of Dickinson it is is very similar.
Nearby places
Reeder
Reeder is approximately 8 miles east of Scranton. Its real estate prices are significantly less expensive. The median home in Reeder is valued at $53,000, which is $57,700 (108%) lower than Scranton. Rents there are a lot less expensive. The median rent in Reeder is $554 a month, which is $354 (63%) lower than Scranton.
Bowman
Bowman is roughly 10 miles west from Scranton. Its housing prices are somewhat more expensive. The value of the median home in Bowman is $157,700, which works out to $47,000 (29%) higher than Scranton. Rents there are significantly less expensive. The median monthly rent in Bowman is $627, which comes out to $281 (44%) lower than Scranton.
Hettinger
Hettinger is approximately 22 miles southeast from Scranton. Its housing prices are similar. The price of the median home in Hettinger is $116,100, which works out to $5,400 (4%) higher than Scranton. Its rents are substantially less expensive. Hettinger's median monthly rent is $612, which works out to $296 (48%) lower than Scranton.
New England
New England is about 26 miles northeast from Scranton. Its real estate prices are a bit more expensive. The cost of the median home in New England is $142,900, which works out to $32,200 (22%) higher than Scranton. The rent there is similar. The median rent in New England is $905 per month, which is very similar to Scranton.
Regent
Regent is about 28 miles northeast from Scranton. Its housing prices are a little less expensive. The median home in Regent is valued at $96,700, which is $14,000 (14%) lower than Scranton. Rent there is a bit less expensive. Regent's median rent is $703 per month, which works out to $205 (29%) lower than Scranton.