15748, Homer City, PA

The Homer City zip code 15748 has a median home value of $145,000 and a median home equity of $128,000. This is significantly lower than the Pennsylvania median home value of $217,500 and the national median home equity of $142,700. The Homer City zip code also has a lower homeownership rate than the Pennsylvania average rate of 66.7% and the national average rate of 68.2%.

There are several factors that may contribute to these low home values in the 15748 zip code. One reason may be that Homer City is located in an economically depressed area. Another reason may be that many homes in this zip code are older and have been in families for generations, which may make them less desirable to purchase or rent. Finally, there is a lack of available housing stock in this area which could also contribute to low home values.