Scranton, PA home prices
Typical home $233,948 · +2.3% in a year · income needed $71,100
The Scranton, PA metro area ranks 507 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.3% in a year and +29.3% over five years. With 20% down at 7.11%, the typical home costs about $1,659 a month including 1.45% property tax (Luzerne County rate).
Mortgage on the typical Scranton home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $46,790 | $187,158 | $1,259 | $0 | $400 | $1,659 | $71,100 |
| 10% down | $23,395 | $210,553 | $1,416 | $88 | $400 | $1,904 | $81,600 |
| 5% down | $11,697 | $222,250 | $1,495 | $93 | $400 | $1,988 | $85,200 |
| 3.5% down (FHA) | $8,188 | $229,710 | $1,545 | $103 | $400 | $2,049 | $87,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.45% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Scranton area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Luzerne County, PA | $227,445 | +3.3% | 1.45% |
| Lackawanna County, PA | $242,972 | +2.0% | 1.49% |
| Wyoming County, PA | $240,208 | +1.9% | 1.31% |
What can you afford in Pennsylvania on your salary? · Pennsylvania home prices · Salaries in Pennsylvania
Frequently asked questions
How much is a house in Scranton?
The typical home in the Scranton, PA metro area is worth $233,948 (Zillow, September 2026).
What salary do you need to buy a house in Scranton?
About $71,100 a year for the typical home with 20% down at 7.11%.