15101, Allison Park, PA

The 15101 zip code of Allison Park, PA has a median home value of $194,900 and a median home equity value of $128,500. These values are significantly higher than the national median home value of $157,700 and median home equity value of $102,000. This is likely due to the high concentration of affluent families in this zip code.

In addition to having a high median home value, the 15101 zip code also has a high rate of homeownership. Nearly two-thirds (64%) of households in this zip code own their homes outright, which is significantly higher than the national homeownership rate of 63%. This high rate of homeownership may be attributable to the affluent population in this area or the strong economy overall.

Despite these positive indicators, there are some risks associated with owning a home in the 15101 zip code. The most significant risk is that homes here can be vulnerable to market fluctuations. For example, if interest rates rise suddenly or the economy weakens unexpectedly, homes in this area could lose value quickly. In addition, although Allison Park is an affluent area, it is not immune to economic downturns – which could lead to increased unemployment and decreased income levels for residents.