Real Estate Investing in Hunlock Creek, Pennsylvania (18621)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Luzerne County • Population: 4,903 • Data updated: September 2026

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Should you buy in 18621 (Hunlock Creek, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 14.1% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Hunlock Creek, PA (18621)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $241,177
Avg Monthly Rent $1,278
1% Rule ✗ Does Not Meet
Median Income $67,443
% Renters 8.2%

Market Analysis: 18621 Hunlock Creek

The 18621 ZIP in Hunlock Creek, PA is a local-operator market. Outside capital chasing a $241K entry has to pair deep knowledge with the discount.

The 18621 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

In the broader PA picture, 18621 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Employment concentration in 18621 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The 18621 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Hunlock Creek:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.6× the median income
Value Trend
Rising (+9.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,278/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Scranton--Wilkes-Barre, PA Metro Area
Even conditions for buyers and sellers
39 days
Average time to sell
Average
9.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Scranton--Wilkes-Barre, PA metro data

Market Trends

Home Value History (with trend line)

$250K$224K$197K$170K$143K$116KJul 2006Jul 2016Jul 2026

📊 How Does 18621 Compare?

Metric 18621 Hunlock Creek Scranton--Wilkes-Barre, PA Pennsylvania
Home Value $241,177 $241,177 N/A $278,018
5-Year CAGR 3.2% 3.2% N/A 6.3%
Avg Rent $1,278 $1,278 N/A -
Cap Rate 4.1% 4.1% - -
💡 Why Invest in 18621? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 18621 (Hunlock Creek, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.1%
Fair
5yr Growth
+3.2%
Moderate

📊 Market Snapshot

Home Value $241,177
Monthly Rent $1,278
Price-to-Rent 15.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.4%
Cap Rate 4.1%
5-Year IRR 7.3%

📈 Home Appreciation

1-Year +9.8% ▲
3-Year CAGR +4.1% ▲
5-Year CAGR +3.2% ▲
10-Year CAGR +5.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
14.1%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+3.2%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 18621

Population: 4,903

💰 Median Household Income
$67,443
This area
$67,443
State
$73,647
USA
$74,580
🏠 Renter Occupied
8.2%
This area
8.2%
State
23.0%
USA
34.0%
💼 Unemployment Rate
2.8%
This area
2.8%
State
-7.4%
USA
3.7%
🎓 College Educated
17.6%
This area
17.6%
State
12.3%
USA
33.7%
👤 Median Age
47.1 years
This area
47.1 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
14.1%
This area
14.1%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 88.9%
Other/Mixed 5.5%
Black/African American 5.4%
Hispanic/Latino 3.5%
Asian 0.2%
👶 Under 18
14.8%
This area
14.8%
USA
22.0%
👴 65 and Over
21.1%
This area
21.1%
USA
17.3%
📊 Poverty Rate
4.2%
This area
4.2%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Nearby Colleges & Universities

7 Nearby 2,602 Off-Campus Students
D
Pennsylvania State University-Penn State Wilkes-Barre
353 students · 5.3 mi
C
Luzerne County Community College
4,315 students · 6.6 mi
C
Misericordia University
2,107 students · 8.8 mi
C
Wilkes University
5,198 students · 10.5 mi
C
Fortis Institute-Forty Fort
159 students · 11.0 mi
C
King's College
1,932 students · 11.0 mi
D
Wilkes-Barre Area Career and Technical Center Practical Nursing
102 students · 14.6 mi

Investor Insight: With 2,602 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Should investors consider Hunlock Creek, PA?

The 3.0/5 investability rating in Hunlock Creek, PA reflects its $241K prices and $1,278/mo rents. Investors generally consider it a solid option within PA.

What price range are homes in Hunlock Creek, PA?

Median home price in Hunlock Creek, PA is near $241K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.

What strategy should investors use in Hunlock Creek, PA?

Investors usually favor careful cash-flow rentals with hands-on management in Hunlock Creek, PA. With home values at $241K and rents near $1,278/mo, other strategies can work but produce stable rather than outsized returns.

How strong is tenant demand in Hunlock Creek, PA?

Hunlock Creek, PA draws a consistent base of working renters. Demand at the $1,278/mo rent level is reasonable for standard single-family and small multi rentals.

Is vacancy a concern in Hunlock Creek, PA?

Expect elevated vacancy in Hunlock Creek, PA. Rents at $1,278/mo are absorbed by the tenant base without meaningful lag.

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How 18621 ranks in Scranton--Wilkes-Barre, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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