18403 — Lackawanna County, Pennsylvania Market Snapshot

Housing market data for zip code 18403 in Lackawanna County, Pennsylvania. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

16 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$242,500

Closed sales

Days to Sell

21

Median, listing to close

Homes Sold

16

Closed in 2026

Inventory

20

Sale-to-List

97.4%

New Listings

33

Price/SqFt

$155

Pending Sales

25

Conforming Loan Available

Most homebuyers in 18403 can comfortably use conventional financing. The median home price of $242,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 18403 are moving quickly at 21 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

The average home in 18403 sells for 2.6% below asking price (97.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 18403 can comfortably use conventional financing. The median home price of $242,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 18403 are set at the county level.

2026 Loan Limits — Lackawanna County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 18403

To purchase the median home at $242,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,008.

Monthly Payment

$2,008

Income Required

$86,055

Principal & Interest

$1,494/mo

Down Payment (5%)

$12,125

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 18403.

%
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Estimated Monthly Payment

$1,651

Principal & Interest$1,258
Property Tax$243
Insurance$150
Loan Amount$194,000
Total Interest$258,981
Income Required$70,748/yr

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