ZIP Code 18503 — Scranton, PA Home Prices (2026)
The typical home in ZIP 18503 (Scranton, Pennsylvania) is worth about $166,000 at roughly $261 per square foot — 13% more affordable than the Scranton median and 44% more affordable than the typical U.S. home.
How 18503 compares
ZIP 18503 is one of the more affordable ZIP codes in Scranton: its typical home value of $166,000 ranks #6 of the 7 Scranton ZIP codes we track (the citywide range runs from $158,000 in 18508 to $223,000 in 18509). Per square foot it costs about $261, against $133 for Scranton as a whole, $167 for Pennsylvania, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 18503 | $166,000 | $261 |
| Scranton, PA | $190,000 | $133 |
| Pennsylvania | $240,000 | $167 |
| United States | $294,000 | $195 |
Home value by size in 18503
Using this ZIP’s rate of about $261 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $261,000 |
| 1,500 sq ft | $391,500 |
| 2,000 sq ft | $522,000 |
| 2,500 sq ft | $652,500 |
| 3,000 sq ft | $783,000 |
Salary needed to buy a home in ZIP 18503
To buy the typical $166,000 home in ZIP 18503 with 20% down, you need a household income of roughly $45,000 a year (about $1,050 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $54,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $8,300 | $1,310/mo | $56,000/yr |
| 10% (+PMI) | $16,600 | $1,250/mo | $54,000/yr |
| 20% | $33,200 | $1,050/mo | $45,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 18503
At about $261 per square foot, here is roughly how much home different budgets get you in ZIP 18503:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 570 sq ft | around the typical home here |
| $200k | 770 sq ft | around the typical home here |
| $250k | 960 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 1150 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 18503 home.
Estimate a specific home in 18503
The estimator below is pre-set to ZIP 18503 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Scranton ZIP codes by home value
Where 18503 sits among Scranton’s 7 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 18509 | $223,000 | $133 |
| 2 | 18512 | $216,000 | $133 |
| 3 | 18510 | $202,000 | $146 |
| 4 | 18505 | $190,000 | $131 |
| 5 | 18504 | $188,000 | $121 |
| 6 | 18503 (this page) | $166,000 | $261 |
| 7 | 18508 | $158,000 | $131 |
ZIP 18503 home prices: frequently asked
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See the full Scranton home values page, all Pennsylvania cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.