Is Tobyhanna, PA 18466 a buyer’s or seller’s market?
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.
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
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.
Run the numbers for 18466
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.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology