15213, Pittsburgh, PA

The 15213 zip code of Pittsburgh, PA has a median home value of $119,000. This is significantly lower than the national median home value of $177,500. The 15213 zip code also has a lower home equity percentage than the national average of 57%. This indicates that more homeowners in this zip code are struggling to maintain their homes compared to other areas in the country.

One potential explanation for this discrepancy could be that the housing market in Pittsburgh is still recovering from the effects of the recession. Home values have not yet reached their pre-recession levels, and may take longer to recover in this area. Additionally, there is a high concentration of low-income households in this zip code, which could lead to lower home values and a higher home equity percentage.

Despite these challenges, there are some homeowners in the 15213 zip code who are doing well financially. The average homeowner in this area has a net worth of $141,000, which is significantly higher than the national average net worth of $57,500. This suggests that there are plenty of opportunities for homeowners in this area to achieve long-term financial stability and prosperity.