15217, Pittsburgh, PA

The 15217 zip code of Pittsburgh, PA is home to a population of over 210,000 people. The median household income in this zip code is $60,000 which is above the national median household income of $53,046. Additionally, the homeownership rate in this zip code is 73%. This high homeownership rate indicates that many residents in this zip code are very comfortable with their current home situation and are not interested in selling or purchasing a new home.

One reason why the homeownership rate in this zip code is so high may be because the average price of homes in this area has remained relatively stable over the past few years. In fact, between January 2016 and January 2017, the average price of homes in this zip code increased by only 0.4%. This modest increase suggests that most residents are still able to find affordable homes within their desired budget range.

Despite the stability of home prices within this area, there have been some notable changes recently. For example, between July 2016 and July 2017, the average price of homes increased by 5%. This increase may be due to a number of factors including an improving economy and increasing demand from buyers who are looking for more affordable options than they were available a few years ago.