HousingHandbookReference data

U.S. ZIP Code · PA18701

Luzerne County · Scranton--Wilkes-Barre, PA

Typical home value

$187,013[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+9.5%
5-year / yr
+10.2%
10-year / yr
+10.0%

Relative price

vs U.S.
-34.2%
vs metro
-14.2%
vs state
-19.9%
ZIP 18701 location in PA
Location of ZIP 18701 in PA

Price history

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

The typical home in 18701 is worth $187,013 — 14.2% below the Scranton--Wilkes-Barre, PA median. Over the past year, values have risen 9.5%. Homes here rent for a typical $1,200 a month — a 7.7% gross rental yield.

#Rent & investment

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

Monthly rent
$1,200[2]
Gross yield
7.7%[2]
Cap rate
4.6%[2]

#Property tax

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

Effective tax rate
[3]
Typical annual tax
[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
4,294[3]
Median household income
$33,329[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

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 yield7.7%
Net yield (after ~40% expenses)4.6%
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$946
Loan principal$149,610
Down payment$37,403
Total interest paid$190,820

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 ratio1.07
Monthly cost to own$1,288
Monthly rent$1,200

Owning and renting are roughly even.

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
95th percentile[1]
Rental yield
25th percentile[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 18701?
The typical home in 18701 is worth $187,013, based on the Zillow Home Value Index.
Are home values rising in 18701?
Home values in 18701 are up 9.5% over the past year, and up 10.2% a year over five years.
What is the typical rent in 18701?
A typical home in 18701 rents for about $1,200 a month, a gross rental yield of 7.7%.
Who lives in 18701?
ZIP code 18701 has a population of 4,294 and a median household income of $33,329.

#Comparable ZIPs

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

  • Wilkes-Barre, PA

    Typical home
    $188,371
    Gross yield
  • Scranton, PA

    Typical home
    $188,385
    Gross yield
    8.2%
  • Scranton, PA

    Typical home
    $185,301
    Gross yield
    7.9%
  • Dupont, PA

    Typical home
    $190,881
    Gross yield
  • Luzerne, PA

    Typical home
    $179,969
    Gross yield
  • Dickson City, PA

    Typical home
    $194,703
    Gross yield

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