HousingHandbookReference data

U.S. ZIP Code · PA18651

Luzerne County · Scranton--Wilkes-Barre, PA

Typical home value

$153,560[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.7%
5-year / yr
+7.0%
10-year / yr
+7.9%

Relative price

vs U.S.
-45.9%
vs metro
-29.5%
vs state
-34.2%
ZIP 18651 location in PA
Location of ZIP 18651 in PA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 18651 is worth $153,560 — 29.5% below the Scranton--Wilkes-Barre, PA median. Over the past year, values have fallen 0.7%. Homes here rent for a typical $1,200 a month — a 9.4% gross rental yield. The effective property tax rate is 1.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,200[2]
Gross yield
9.4%[2]
Cap rate
5.6%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.7%[3]
Typical annual tax
$2,643[3]

#Climate risk

FEMA National Risk Index ratings for Luzerne County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Moderate
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Very High

#Who lives here

Population
8,703[3]
Median household income
$41,990[3]

#Migration

Household moves in and out of Luzerne County over a year, from IRS tax-return data.

Net migration
-80[5]
Moved in
6,104
Moved out
6,184

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
0
Middle
0
High
1
  • Wyoming Valley West SHS

    High · Grades 9–12 · Wyoming Valley West SD

    1,404 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield9.4%
Net yield (after ~40% expenses)5.6%
Annual rent$14,400

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$776
Loan principal$122,848
Down payment$30,712
Total interest paid$156,686

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.94
Monthly cost to own$1,125
Monthly rent$1,200

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
62nd percentile[1]
Rental yield
92nd percentile[2]
Property tax
87th percentile[3]

Frequently asked

How much is a home worth in ZIP code 18651?
The typical home in 18651 is worth $153,560, based on the Zillow Home Value Index.
Are home values rising in 18651?
Home values in 18651 are down 0.7% over the past year, and up 7.0% a year over five years.
What is the typical rent in 18651?
A typical home in 18651 rents for about $1,200 a month, a gross rental yield of 9.4%.
What is the property tax rate in 18651?
The effective property tax rate in 18651 is 1.7% — roughly $2,643 a year on a typical home.
Who lives in 18651?
ZIP code 18651 has a population of 8,703 and a median household income of $41,990.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Scranton, PA

    Typical home
    $158,369
    Gross yield
    10.7%
  • Nuremberg CDP, PA

    Typical home
    $146,817
    Gross yield
  • Scranton, PA

    Typical home
    $167,811
    Gross yield
  • Nanticoke, PA

    Typical home
    $168,061
    Gross yield
  • Freeland, PA

    Typical home
    $168,437
    Gross yield
  • Carbondale, PA

    Typical home
    $171,706
    Gross yield

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