Market Overview
Home Prices in Jermyn, PA
The median home value in Jermyn, PA is $263,162 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.3% compared to a year ago and up 7.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jermyn are priced36% below average. Jermyn is part of the Scranton--Wilkes-Barre, PA metro area.
Over the past five years, Jermyn home values have risen by approximately28.9%, reflecting strong long-term appreciation in this market.
Price History
Jermyn Home Price Trend
City Comparison
Jermyn vs. National Median
At $263,162, homes in Jermyn cost 36% below the national median of $410,000. This makes Jermyn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jermyn?
20% Down Payment
$52,632
on $263,162
Monthly P&I
$1,372/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,742/mo
incl. taxes & insurance
Income Needed
$69,680
gross annual (30% rule)
10% Down Option
$26,316
+ PMI applies
Loan Amount (20% dn)
$210,530
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Jermyn, PA?
The median home value in Jermyn is $263,162 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.3% year-over-year.
How much have home prices changed in Jermyn?
Over the past year, home values in Jermyn have decreased by 2.3%. Over five years, prices have risen approximately 28.9%.
How much do I need to earn to buy a home in Jermyn?
To comfortably afford the median home price of $263,162 with a 20% down payment ($52,632) at today's rates (6.8%), you'd need a gross annual income of approximately $69,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Jermyn compare to the national average home price?
The national median home value is approximately $410,000. At $263,162, homes in Jermyn are 36% below the national average.
What metro area is Jermyn part of?
Jermyn is part of the Scranton--Wilkes-Barre, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.