16635, Duncansville, PA

The 16635 zip code of Duncansville, PA has a median home value of $128,900 and a median home equity value of $101,700. These values are significantly lower than the Pennsylvania median home value of $215,800 and the national median home equity value of $142,600. The Duncansville zip code also has a significantly lower homeownership rate than the Pennsylvania average homeownership rate of 68.4% and the national homeownership rate of 63.9%.

The Duncansville zip code is also experiencing significant declines in both its home prices and its home equity values over the past five years. In 2013, the median home price in the Duncansville zip code was $139,000 while the median home equity value was only $98,000. Over the past two years (2015-2016), however, these values have decreased by almost 20% to reach a current median price of $118,500 and a current median equity value of only $85,500. This decrease in housing values is likely due to several factors including low demand for homes in this area due to economic recession and increasing interest rates across all markets nationwide.