Metro area index
Home appreciation in the Scranton--Wilkes-Barre, PA metro area
FHFA HPI® data shows the Scranton--Wilkes-Barre, PA metro area's all-transactions index changed +7.5% over the year to Q2 2026, versus +4.7% for Pennsylvania and +3.0% for the U.S. That ranks 34th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +7.5%
- 5-year change
- +56.7%
- Since Q1 1995
- +225%
- Metro rank (1 year)
- 34th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Scranton--Wilkes-Barre, PA vs Pennsylvania and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Scranton--Wilkes-Barre, PA: 325.1
- Pennsylvania: 355.6
- United States: 391.6
Appreciation by time window
| Window | Metro | PA | U.S. | Gap vs PA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +7.5% | +4.7% | +3.0% | +2.9 pts | +4.5 pts |
| 3 years | +25.4% | +18.1% | +12.9% | +7.3 pts | +12.5 pts |
| 5 years | +56.7% | +44.2% | +41.3% | +12.5 pts | +15.4 pts |
| 10 years | +97.0% | +86.9% | +93.3% | +10.0 pts | +3.6 pts |
| Since Q1 1995 | +225% | +256% | +292% | −30.5 pts | −66.5 pts |
3-digit ZIP regions in the Scranton--Wilkes-Barre, PA area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 185 · Scranton, PA area | PA | +7.5% | +56.7% | +225% | 100% |
| 187 · Wilkes-Barre, PA area | PA | +3.5% | +60.1% | +216% | 100% |
| 186 · Berwick, PA area | PA | +7.5% | +56.7% | +225% | 82% |
| 184 · Carbondale, PA area | PA | +9.1% | +50.2% | +230% | 51% |
| 182 · Hazleton, PA area | PA | +5.0% | +53.5% | +243% | 45% |
Boom, bust, and recovery in Scranton--Wilkes-Barre, PA area
Scranton--Wilkes-Barre, PA area's index peaked in Q1 2009, fell 10.1% to its low in Q1 2014, and regained its peak in Q3 2019, about 10.5 years after the top. Today it sits +83.1% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2009 | Q1 2014 | -10.1% | Q3 2019 (10.5 yrs) | +83.1% |
| PA | Q1 2008 | Q2 2012 | -9.4% | Q2 2017 (9.2 yrs) | +83.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Scranton--Wilkes-Barre, PA area's index has changed +46.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | PA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +3.5% | +0.8% | -0.8% |
| 3 years | +9.8% | +14.2% | +7.5% | +2.8% |
| 5 years | +24.0% | +26.3% | +16.3% | +13.9% |
| 10 years | +39.1% | +41.6% | +34.4% | +39.0% |
| Since Q1 1995 | +121% | +46.8% | +60.6% | +76.8% |
If you bought in the Scranton--Wilkes-Barre, PA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +216% | $947,692 |
| Q2 2000 | +183% | $848,504 |
| Q2 2005 | +117% | $649,704 |
| Q2 2010 | +93.9% | $581,591 |
| Q2 2015 | +97.4% | $592,257 |
| Q2 2020 | +75.1% | $525,299 |
| Q2 2021 | +56.7% | $470,032 |
| Q2 2023 | +25.4% | $376,058 |
| Q2 2025 | +7.5% | $322,542 |
Frequently asked questions
- How much have home prices risen in the Scranton--Wilkes-Barre, PA area?
- FHFA HPI® data for the Scranton--Wilkes-Barre, PA metro area shows changes of +7.5% over one year, +56.7% over five years, and +97.0% over ten years to Q2 2026, and +225% since Q1 1995.
- Is the Scranton--Wilkes-Barre, PA area beating the national average?
- Over the past year the metro's index moved +4.5 pts versus the U.S.; over five years the gap is +15.4 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.