15675, Penn, PA

Pennsylvania has a population of over 11 million people, making it one of the most populous states in the United States. The 15675 zip code is located in the Philadelphia metropolitan area, and has a population of around 155,000 people. Home equity is an important part of many Americans' lives, and home prices are often a reflection of this.

According to Zillow, the median home value in the 15675 zip code was $173,200 in January 2018. This is up from $169,900 in January 2017. Over the past year or so, home values have been increasing at a rate of about 4%. This indicates that there is strong demand for homes in this area, and that buyers are willing to pay a higher price for properties here.

One reason why home values have been increasing so much over recent years is because there are very few available properties for sale in this zip code. In fact, there were only 7 active listings on Zillow as of January 2018. This means that buyers have had to compete for available homes with each other, which has led to increased prices.

Another factor that has contributed to rising home values in this area is the low rate of unemployment here. As of February 2018, Penn's unemployment rate was 3%. This low rate means that there are plenty of jobs available for people who want them – which leads to more people being able to afford homes and increase their equity in them.