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East Emerald Lake, Tobyhanna Township, PA, April 2025Photo: Mr. Matté (if there is an issue with this image, contact me using this image's Commons talk page, my Commons user talk page, or my English Wikipedia user talk page; I'll know about it a lot faster) · CC BY-SA 4.0
Housing in Emerald Lakes

87 homes sold in Emerald Lakes in the last year, at a typical $367K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Emerald Lakes homes are listed.

Homes for sale in Emerald LakesZillowRedfinRealtor.comMore places to look ↓
Homes sold
87
October 2025 to September 2026
Typical sale price
$367K
median, weighted by sales
Price per square foot
$186
Pennsylvania $186
Paid vs. asking
97.4%
20% sold over asking
For sale now
33
September 2026 · 10 sold that month
What sold · last 12 months

Houses are 100% of Emerald Lakes’ sales, at a typical $366K (year to May 2026)

87 homes sold in the year to September 2026.

Houses$366K

typical sale · 78 sold in the year to May 2026

Per square foot
$187PA $183
Days to sell
60
Sold over asking
19%
Listings with a price cut
31%
14 years of sales

About as many homes sell as usual, at 3.9 times the 2016 price

87 sales in the last year, against 118 in 2016 and a low of 30 in 2012. The typical sale went from $94K in 2016 to $367K.

Homes soldTypical sale price
03775112150$100K$200K$300K$400K2012: 30 sold, typical $126K’122013: 51 sold, typical $105K2014: 76 sold, typical $81K’142015: 81 sold, typical $85K2016: 118 sold, typical $94K’162017: 93 sold, typical $136K2018: 92 sold, typical $132K’182019: 88 sold, typical $171K2020: 106 sold, typical $190K’202021: 102 sold, typical $240K2022: 99 sold, typical $320K’222023: 88 sold, typical $313K2024: 82 sold, typical $333K’242025: 85 sold, typical $364KLast 12 months: 87 sold, typical $367KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $350K buys in Emerald Lakes

Houseat $187 a sq ft, year to May 2026
The same money in Pennsylvaniaat $183 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Emerald Lakes homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Emerald Lakes are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of Emerald Lakes’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 87 sales.

If you’re buying in Emerald Lakes

  • Shop in May. It brings about 13 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
  • Offer under asking. Buyers paid 97.4% of the list price on average; 20% paid over.
  • You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 42 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 14 a month), but April is the most competitive: 31% of April sales close over asking. April and May offer nearly as much choice with fewer homes bid up (31%). March has the least competition (16%).

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 5 new listings a month, 18% sold over asking, 148 days to sellJFeb: 6 new listings a month, 23% sold over asking, 123 days to sellFMar: 9 new listings a month, 16% sold over asking, 144 days to sellMApr: 13 new listings a month, 31% sold over asking, 76 days to sellAMay: 13 new listings a month, 28% sold over asking, 104 days to sellMJun: 14 new listings a month, 30% sold over asking, 115 days to sellJJul: 10 new listings a month, 29% sold over asking, 83 days to sellJAug: 10 new listings a month, 20% sold over asking, 82 days to sellASep: 8 new listings a month, 21% sold over asking, 103 days to sellSOct: 10 new listings a month, 23% sold over asking, 133 days to sellONov: 8 new listings a month, 18% sold over asking, 95 days to sellNDec: 5 new listings a month, 25% sold over asking, 86 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Pennsylvania

Emerald Lakes now2017–192021 peakPA now
Sold over askingShare of sales that closed above the list price20%16%56%30%
Gone within two weeksShare of homes under contract within 14 days35%0%1%45%
Price paid vs. askingAverage sale price ÷ list price97.4%96.9%101.8%98.7%
Days to sellMedian days from listing to contract421157039
Supply

29 homes for sale on a typical day

That’s 1.2 times the 2021 low (24), 35% fewer than in 2017–19 and well under 2014’s 72.

2012: 60 for sale’122013: 53 for sale2014: 72 for sale2015: 59 for sale’152016: 54 for sale2017: 45 for sale2018: 48 for sale’182019: 39 for sale2020: 34 for sale2021: 24 for sale’212022: 26 for sale2023: 29 for sale2024: 37 for sale’242025: 26 for saleLast 12 months: 29 for saleNow
Across Pennsylvania

Emerald Lakes ranks 223rd of 264 busy Pennsylvania markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Emerald Lakes is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Emerald Lakes home costs about $2,404 a month

Mortgage
Property tax
Insurance
Rent

Price: Emerald Lakes’ typical sale, last 12 months. Property tax at Emerald Lakes’ 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Emerald Lakes is affordable on local pay is on Cost of living.

Before you buy in Emerald Lakes

Five things worth knowing

14

New listings in June

The month with the most choice. January has the fewest, about 5.

Best time to buy
1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $367K home, about $5,880 a year.

Taxes vs. neighbors
33 min

Typical commute

The average one-way trip to work for people who live in Emerald Lakes.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Mount Pocono, Sierra View and Sun Valley sell for less a square foot; Pocono Pines for far more

The busier markets within 25 miles of Emerald Lakes, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Indian Mountain Lake119$295K$18621%51
Pocono Pines106$459K$28610%68
Penn Estates94$364K$18939%34
Emerald Lakes87$367K$18620%42
Sierra View63$341K$18035%37
Mount Pocono51$236K$15027%36
Sun Valley31$316K$16722%47

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Emerald Lakes, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Emerald Lakes. People who follow the town see it, and so do people comparing Emerald Lakes with their own town. No commission, no listing fee.

Questions about buying a home in Emerald Lakes

What do homes sell for in Emerald Lakes, PA?

87 homes sold in the year to September 2026 at a typical $367K, $186 a square foot.

Is Emerald Lakes a buyer’s or seller’s market?

A seller’s market: 33 homes were for sale in September 2026 and 10 sold, about 3.3 months of supply. Buyers paid 97.4% of asking on average.

When is the best time to buy in Emerald Lakes?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Emerald Lakes?

About 1.6% of a home’s value a year. On a $367K home that’s near $5,880.

Where can I see homes for sale in Emerald Lakes?

Zillow, Redfin, Realtor.com and Homes.com all carry Emerald Lakes’ MLS listings; the search links above open each one filtered to Emerald Lakes.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).