17020, Duncannon, PA

The 17020 zip code of Duncannon, PA has a median home value of $151,000. This is higher than the Pennsylvania median home value of $130,000. The Duncannon area has seen an increase in home values over the past five years, with a growth rate of 7%. This is likely due to the strong economy and low interest rates.

Home equity is important for many reasons. It can provide a cushion in case of an emergency or recession, help you save for retirement or buy a house or other property. Home equity also provides stability and security in your financial life. Over time, if you maintain your home's value and do not borrow against it, your equity will grow.

There are several things that homeowners can do to keep their homes' values high and protect their equity: keep up with maintenance; avoid borrowing against the home; stay current on taxes and insurance; and be mindful of potential risks such as market fluctuations or natural disasters.