17042, Lebanon, PA

The 17042 zip code of Lebanon, PA has a median home value of $131,000 and a median home equity value of $127,000. The average home size in the 17042 zip code is 2 bedrooms and 1 bathroom. Approximately 58% of homes in the 17042 zip code are owner-occupied while 42% are occupied by renters. The percentage of homes that are vacant is approximately 2%.

There has been an increase in home prices over the past five years in the 17042 zip code. In 2012, the median home value was $107,000 and the median home equity value was $106,000. In 2016, the median home value increased to $131,000 and the median home equity value increased to $127,000. This indicates that there has been an increase in demand for housing within this zip code and that there is a high level of confidence among buyers in this area.

One factor that may have contributed to this increase in home values is Lebanon's strong economy. Lebanon has seen steady growth over the past few years and this has led to an increase in jobs and income levels. As a result, more people are able to purchase homes than would otherwise be possible. Additionally, many people who live in Lebanon own their homes outright which may also contribute to higher levels of homeownership within this zip code.