16157, Wampum, PA

The 16157 zip code of Wampum, PA has a median home value of $128,000. This is higher than the Pennsylvania median home value of $106,500. The zip code also has a lower than average percentage of homes with mortgages at 66%. This is higher than the Pennsylvania percentage of homes with mortgages at 63%. The percentage of homes with equity in their homes is also high at 82%. This is higher than the Pennsylvania percentage of homes with equity in their homes at 78%.

There are several factors that may contribute to the high home values and equity in this zip code. First, Wampum is located in a desirable area and has a low population density. Second, there are many single family homes available for purchase which may lead to increased demand and prices. Third, there are few multi-unit dwellings available for purchase which may lead to increased demand and prices for those units that are available. Finally, the average age of the properties in this zip code is relatively young which may lead to increased demand and prices as families look to buy their first home or upgrade from an existing home.