Home prices
The median home cost in Scranton is $103,000. Compared to nearby areas this is about $39,360 (27%) lower.In comparison to the rest of the nation it is about $114,500 (52%) lower, and compared to the city of Allentown it is roughly $28,300 (21%) lower.
Rents
The median monthly rent in Scranton is $782. In comparison to the surrounding areas it is roughly $9 (1%) lower.It is about $280 (26%) lower compared to the United States as a whole, and in comparison to the city of Allentown it is approximately $222 (22%) lower.
Nearby places
Taylor
Taylor is Scranton's neighbor to the west. Its housing prices are a little more expensive. The median home in Taylor costs $126,000, which comes out to $23,000 (18%) higher than Scranton. Its rents are similar. In Taylor the median rent is $783 per month, which is very similar to Scranton.
Dunmore
Dunmore is Scranton's neighbor to the east. Its real estate prices are substantially more expensive. The median home in Dunmore is valued at $160,900, which is $57,900 (35%) higher than Scranton. Rents there are similar. Dunmore's median monthly rent is $792, which comes out to $10 (1%) higher than Scranton.
Moosic
Moosic is Scranton's neighbor to the southwest. The real estate prices there are significantly more expensive. Moosic's median home value is $166,000, which is $63,000 (37%) higher than Scranton. Rent there is similar. In Moosic the median monthly rent is $746, which is $36 (4%) lower than Scranton.
Throop
Throop is Scranton's neighbor to the northeast. Its real estate prices are somewhat more expensive. The median home in Throop costs $110,400, which is $7,400 (6%) higher than Scranton. The rent there is pretty similar. The median monthly rent in Throop is $801, which comes out to $19 (2%) higher than Scranton.
Old Forge
Old Forge is approximately 4 miles southwest from Scranton. Its real estate prices are a little more expensive. The value of the median home in Old Forge is $148,500, which comes out to $45,500 (30%) higher than Scranton. Rents there are a little more expensive. In Old Forge the median monthly rent is $835, which is $53 (6%) higher than Scranton.
