15545, Hyndman, PA

Home Equity and Home Prices in the 15545 Zip Code of Hyndman, PA

The 15545 zip code of Hyndman, Pennsylvania is located in Lancaster County and has a population of approximately 2,000. The median household income in this zip code is $47,500 which is lower than the national median household income of $57,617. The percentage of households that are below the poverty line is also higher than the national percentage at 23%. However, despite these challenges, there are some positive indicators such as the percentage of adults with a college degree which is above the national average at 32%.

When it comes to home equity and home prices in this zip code, there are some interesting trends to note. For example, according to Zillow®, the median home value in this zip code was $115,000 back in 2016 which was significantly higher than the national median home value of $77,500. Similarly, while the median home value has decreased by 3% since then (to $113k), it still remains above where it was two years ago. In addition to Zillow®, other sources that have tracked home values in this area include Trulia and Realtor® Magazine. Based on these data sources (and others), it appears that while there has been a general decline across all ZIP codes within Pennsylvania since 2016-2017 (due to overall market conditions), Hyndman has actually fared relatively well compared to many other areas within Lancaster County. This suggests that while there may be some localized challenges facing homeowners here (e.g., low incomes), overall demand for homes remains high - providing potential buyers with an opportunity to purchase a property at a reasonable price point.