16214, Clarion, PA

The 16214 zip code of Clarion, PA has a median home value of $111,000 and a median home equity of $87,000. This means that the majority of homeowners in this zip code have more equity in their homes than they need to cover their current monthly expenses. Additionally, the average home price growth in this zip code over the past five years has been 6%. This indicates that there is strong demand for homes in this area and that prices are likely to continue to rise.

While there are some homeowners who may be struggling to pay off their mortgages or who are just starting out in their careers, the majority of homeowners in the 16214 zip code are doing well financially. This is likely due to the strong demand for homes in this area and the fact that prices have been increasing steadily over the past few years. In addition, many homeowners may also be benefiting from low interest rates which make it easier for them to pay off their mortgages faster.

Overall, it appears that homeownership rates and home values are continuing to rise in the 16214 zip code of Clarion, PA. This is good news for those who live here and it suggests that there is plenty of opportunity for those who want to buy a home or invest in property here.