Zip Code:

16428, North East, PA

16428 is a Pennsylvania Zip code within the city of North East and the county of Erie County. Its population is roughly 12,279.

The Real Estate Market in the 16428 Zip Code of North East, PA

The 16428 zip code is located in North East, Pennsylvania. The median home value in this zip code is $128,000. The average home value in the 16428 zip code has increased by 5.5% over the past year and has increased by 9.7% over the past five years. Over the past year, there have been a total of 1,856 homes sold in this zip code. The average price of a home sold in this zip code was $142,500. In comparison to other zip codes within Pennsylvania, the 16428 zip code has a higher median home value and a higher average price than most other zip codes within Pennsylvania.

One factor that may contribute to the high prices and high demand for homes in the 16428 zip code is that it is located close to major metropolitan areas such as Philadelphia and Pittsburgh. Additionally, many jobs are located within close proximity to this area which may also contribute to the high demand for homes in this area. Another factor that may contribute to the high prices and demand for homes in this area is that there are relatively few homes available for sale compared to other areas of Pennsylvania. This may lead some buyers who are interested in purchasing a home in this area to wait longer before they can purchase a home than they would if there were more available homes for sale at lower prices.

Price Index: Erie, PA

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