18642 — Luzerne County, Pennsylvania Market Snapshot

Housing market data for zip code 18642 in Luzerne County, Pennsylvania. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

14 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$209,425

Closed sales

Days to Sell

27

Median, listing to close

Homes Sold

14

Closed in 2026

Inventory

6

Sale-to-List

96.5%

New Listings

16

Price/SqFt

$142

Pending Sales

19

Conforming Loan Available

Most homebuyers in 18642 can comfortably use conventional financing. The median home price of $209,425 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 18642 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

The average home in 18642 sells for 3.5% below asking price (96.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 18642 can comfortably use conventional financing. The median home price of $209,425 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 18642 are set at the county level.

2026 Loan Limits — Luzerne 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 18642

To purchase the median home at $209,425 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,755.

Monthly Payment

$1,755

Income Required

$75,195

Principal & Interest

$1,290/mo

Down Payment (5%)

$10,471

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 18642.

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Estimated Monthly Payment

$1,446

Principal & Interest$1,087
Property Tax$209
Insurance$150
Loan Amount$167,540
Total Interest$223,658
Income Required$61,975/yr

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