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Tobyhanna, PA's Real Estate Market: 2024–2025
- Marc Winter
- Jul 18
- 2 min read
Curious about the current housing scene in Tobyhanna, PA? Let's take a friendly—and honest—look at home prices, inventory, according to realtor.com and what it all could mean if you're thinking about buying or selling in the area. The story is in the shift: after a period of brisk competition, things are changing for both house-hunters and sellers.
What’s Happening With Listing vs. Sold Prices?
If you check recent price data, there's something interesting at play. Median listing prices have actually dropped—from about $295,400 in June 2024 down to $267,800 by May 2025. That’s a drop of nearly 9.4%. On the flip side, homes that did sell have gone for more, not less! The median sold price climbed from $245,700 up to $271,700, an increase of roughly 10.6%.
What does that mean? Sellers are adjusting their expectations (and their list prices) as more options become available—but buyers are still motivated and, in some cases, paying more than last year for the right house.
Let's talk supply and demand. There are a lot more houses sitting on the market now—about 242 homes in May 2025, compared to just 180 a year prior. At the same time, fewer homes are actually closing: 275 homes sold in June 2024 versus 233 recently. This is pretty typical in a market that’s swinging in favor of buyers. Homes take longer to sell, and buyers have a much bigger selection.
Fast Snapshot:
Average Home Value: ~$286,758 (18466 zip code)
Median Listing Price (May 2025): $267,800
Median Sold Price (May 2025): $271,700
Percent of Homes Selling Below Asking: 66.7%
Average Days on Market: 74 (a clear sign things have slowed)
Homes for Sale: Up by 34% over the year
Homes Sold: Down by 15%
What This Means If You're…
Buying
There are more options on the table, and more room to negotiate—especially on homes that have been listed for a while.
Selling
It’s a competitive landscape. Pricing realistically is key. The market rewards homes with the right upgrades or those at the “sweet spot” in terms of price and features.
Investing
Pay attention to 3- or 4-bedroom homes—they've seen steady demand. Entry-level or “fixer” properties also moved quickly, when priced right.
Real estate markets ebb and flow, but this year in Tobyhanna, it's clear buyers are enjoying more leverage than we've seen for a while. But with sold prices ticking up, motivated buyers are still finding (and snagging) their dream homes—just more thoughtfully.
If you're taking the next step—good luck out there, and may your house-hunting journey be smooth!
Thinking of selling? Contact us! Let's talk.
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