Cost to Flip a House in Scranton, PA (2026 Guide)
A complete breakdown of what it costs to flip a house in the Scranton-Wilkes-Barre metro area, including purchase price, renovation costs, holding expenses, financing, and closing costs based on 2026 market data.
Scranton Market Snapshot
Scranton offers extremely affordable entry with strong cash flow. Healthcare and university employment anchor the economy. NYC remote workers have discovered the area.
Flip Cost Breakdown: Scranton, PA
The table below estimates the total investment required for a typical house flip in Scranton based on current market conditions. Actual costs vary by property condition, neighborhood, and scope of renovation.
| Cost Category | Estimated Range | Notes |
|---|---|---|
| Purchase Price | $111,600 | ~72% of median home price |
| Rehab / Renovation | $20,088 - $33,480 | $25 - $42/sqft |
| Holding Costs (5 mo) | $8,370 | Taxes, insurance, utilities |
| Financing Costs | $7,812 | Hard money interest + points |
| Purchase Closing Costs | $1,674 | ~1.5% of purchase |
| Selling Closing Costs | $9,600 | Agent commissions, title, transfer |
| Total Estimated Cost | $159,144 - $172,536 | All-in investment |
Average Flip Profit in Scranton
House flippers in Scranton, PA report average profits of $22,000 - $38,000 per deal. These numbers assume purchasing below market value, controlling rehab costs, and selling the renovated property at after-repair values of $120,000 - $200,000.
The Scranton-Wilkes-Barre market typically sees properties spend 55-75 days on market after renovation. Faster sales reduce holding costs and improve net returns. Well-priced properties in desirable neighborhoods like Hill Section and West Side tend to sell at the lower end of that days-on-market range.
With a rent-to-price ratio of 0.95-1.15%, Scranton also offers potential for BRRRR investors who want to hold the property long-term as a rental instead of flipping.
Calculate Your Exact Flip Costs in Scranton
Enter your specific deal numbers to get a precise profit projection. Our free fix-and-flip calculator accounts for purchase price, rehab, financing, holding costs, and closing costs.
Best Neighborhoods for Flipping in Scranton
Neighborhood selection is one of the most important decisions in a house flip. The right neighborhood means faster sales, stronger buyer demand, and higher ARVs. Here are the most active investment neighborhoods in Scranton:
Investor Tip
Some of the cheapest housing in the Northeast. NYC remote workers are moving here. Focus on neighborhoods near hospitals and universities.
Frequently Asked Questions
How much does it cost to flip a house in Scranton, PA?
The total cost to flip a house in Scranton typically ranges from $159,144 to $172,536, including a purchase price around $111,600, rehab costs of $25 - $42/sqft, and holding/financing/closing costs. Your actual costs depend on the condition of the property and scope of renovation.
What is the average profit for a house flip in Scranton?
Average flip profits in Scranton, PA range from $22,000 - $38,000 per deal. This assumes buying at a discount, managing rehab costs carefully, and selling within 55-75 days. Experienced investors who know the best neighborhoods can achieve higher returns.
What are the best neighborhoods to flip houses in Scranton?
The most active flipping neighborhoods in Scranton include Hill Section, West Side, South Side, Dunmore. Each has different price points, buyer demographics, and competition levels. Some of the cheapest housing in the Northeast. NYC remote workers are moving here. Focus on neighborhoods near hospitals and universities.
How long does it take to flip a house in Scranton?
From purchase to sale, a typical flip in Scranton takes 4-6 months. Renovation usually takes 6-12 weeks depending on scope, and the renovated property typically spends 55-75 days on market. Faster timelines mean lower holding costs and higher net profit.