16701, Bradford, PA

The 16701 zip code of Bradford, PA has a median home value of $128,000. This is lower than the Pennsylvania median home value of $173,500. The 16701 zip code also has a lower home equity percentage than the Pennsylvania average of 56%.

There are several factors that could contribute to this discrepancy in home values. One reason may be that Bradford is a smaller town with fewer homes for sale and therefore less competition for buyers. Additionally, Bradford residents may be more likely to use their homes as their primary residence rather than invest in them for future income potential. Finally, Bradford may not have experienced as much growth in its economy as other areas of Pennsylvania over the past few years, which could lead to slower appreciation rates for homes in this area.