15460, Martin, PA

The 15460 zip code of Martin, PA has a median home value of $128,000. The home equity in this zip code is $41,000. This means that the average homeowner in this zip code has about $64,000 of equity in their home. The average price of a home in this zip code was $86,500 when the data was collected in 2016. Over the past five years, the median price of homes has increased by 7%.

There are a number of factors that could be contributing to the increase in prices over the past five years. Some potential reasons include an increase in demand for homes due to an influx of new residents and an increase in jobs within commuting distance. Additionally, there may be some limited supply issues with homes within this zip code due to its rural location.

Despite these positive trends, there are still some areas where prices have remained relatively stable or decreased over the past five years. For example, while prices have increased overall within this zip code since 2013, they have not increased as much as they have within other nearby ZIP codes (for example ZIP Code 15472 which has a median home value of $145,000). Additionally, while prices have increased by 7% since 2016 when data was last collected (the most recent year for which data is available), they are still below their pre-recession peak levels (in 2012 prices had reached their highest point).