Market Overview
Home Prices in Tunkhannock, PA
The median home value in Tunkhannock, PA is $263,346 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.3% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tunkhannock are priced36% below average. Tunkhannock is part of the Scranton--Wilkes-Barre, PA metro area.
Over the past five years, Tunkhannock home values have risen by approximately24.5%, reflecting strong long-term appreciation in this market.
Price History
Tunkhannock Home Price Trend
City Comparison
Tunkhannock vs. National Median
At $263,346, homes in Tunkhannock cost 36% below the national median of $410,000. This makes Tunkhannock a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tunkhannock?
20% Down Payment
$52,669
on $263,346
Monthly P&I
$1,373/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,744/mo
incl. taxes & insurance
Income Needed
$69,760
gross annual (30% rule)
10% Down Option
$26,335
+ PMI applies
Loan Amount (20% dn)
$210,677
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 Tunkhannock, PA?
The median home value in Tunkhannock is $263,346 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.3% year-over-year.
How much have home prices changed in Tunkhannock?
Over the past year, home values in Tunkhannock have increased by 0.3%. Over five years, prices have risen approximately 24.5%.
How much do I need to earn to buy a home in Tunkhannock?
To comfortably afford the median home price of $263,346 with a 20% down payment ($52,669) at today's rates (6.8%), you'd need a gross annual income of approximately $69,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Tunkhannock compare to the national average home price?
The national median home value is approximately $410,000. At $263,346, homes in Tunkhannock are 36% below the national average.
What metro area is Tunkhannock part of?
Tunkhannock is part of the Scranton--Wilkes-Barre, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.