Is Tobyhanna, PA 18466 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Tobyhanna is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score32/ 100

More competitive than 28% of U.S. ZIP codes, and #546 of 601 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.3Under 4 months = seller’s market
Sold above original list19.8%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$182▲ +7.1% vs. last year

The Tobyhanna housing market right now

In the three months ending August 31, 2026, 20% of homes in Tobyhanna, PA 18466 sold above their list price, the typical home went under contract in 50 days and there were 5.3 months of supply. Three to six months of supply is a fairly balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 109 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (60 days then) and the median sale price rose 11% to $286,126. Overall, Tobyhanna is more competitive than a year ago, so tougher for buyers.

Within Monroe County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 54%. On our competition score, Tobyhanna ranks #546 of 601 PA ZIP codes with enough sales (score 32 out of 100).

Nearby, buyers who want less competition could look at Kresgeville 18333 (0% sold over asking) or Gilbert 18331 (0% sold over asking), while Sciota 18354 (50% sold over asking) and Scotrun 18355 (50% sold over asking) are even more competitive.

Nearby markets

Bartonsville 18321Buyer’s market $153 /sq ftBlakeslee 18610Balanced $180 /sq ftBrodheadsville 18322Seller’s market $202 /sq ftBuck Hill Falls 18323Buyer’s market $224 /sq ft Browse all markets →

Questions about Tobyhanna real estate

Is Tobyhanna a buyer’s or seller’s market?

A fairly balanced market: there were 5.3 months of supply in Tobyhanna, PA 18466 in the three months ending August 31, 2026. Under three months usually favors sellers, and six or more favors buyers.

How fast do homes sell in Tobyhanna?

The typical home went under contract in 50 days in the latest three months.

Do homes in Tobyhanna sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.

What are property taxes in Tobyhanna?

About 1.66% of a home’s value a year in Monroe County, or roughly $6,640 on a $400,000 home.

What is the median home price in Tobyhanna?

The median sale price was $286,126 in the three months ending August 31, 2026, about $182 per square foot.

No sponsored agents in 18466 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 18466

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology