16946, Tioga, PA

Home Equity and Home Prices in the 16946 Zip Code of Tioga, PA

The 16946 zip code of Tioga, PA has a median home value of $128,000. This is a decrease from the previous year when the median home value was $134,000. The average home size in this zip code is 2 bedrooms and 1 bathroom. Approximately 56% of homes in this zip code are owner-occupied while 44% are rented. The average monthly mortgage payment for homes in this zip code is $1,521.

The 16946 zip code has seen an increase in home equity over the past few years. In 2013, the median home equity was $104,000 while it was $122,500 in 2016. This indicates that there has been an increase in homeownership within this area over time as well as an increase in house prices. It is likely that both factors are contributing to this trend as more people become homeowners and prices continue to rise due to demand from buyers and limited supply of properties available for purchase.