15701, Indiana, PA

The 15701 zip code of Indiana, PA has a population of about 26,000 people. The median household income in this zip code is about $75,000. Home prices in the 15701 zip code have been increasing rapidly over the past few years. In March of 2018, the median home price was $269,500. This is an increase of about $50,000 from March of 2017.

There are a number of factors that are contributing to the rapid increase in home prices in the 15701 zip code. One reason is that there is a large demand for homes in this area due to its proximity to major cities such as Pittsburgh and Philadelphia. Additionally, there has been an increase in investment activity in this area due to the growth of technology companies such as Google and Amazon. These companies are often looking for locations near major metropolitan areas where they can expand their operations.

Despite these positive factors, there are some risks associated with buying a home in the 15701 zip code. One risk is that interest rates could rise over time and make it more difficult for people to afford homes. Another risk is that housing prices could decline if there are any unforeseen economic problems or if there is a sudden influx of new residents into the area who cannot afford homes at current prices.