17055, Mechanicsburg, PA

Home Equity and Home Prices in the 17055 Zip Code of Mechanicsburg, PA

The 17055 zip code of Mechanicsburg, PA has a median home value of $128,000. This is higher than the Pennsylvania median home value of $119,500. The zip code also has a lower than average percentage of homeowners with a mortgage at just 58%. This indicates that most homes in this zip code are owned outright or have some form of equity attached to them.

While home values in this zip code are high, there is evidence to suggest that they may be on the rise. Over the past year, the average sale price for homes in this zip code has increased by 5%. Additionally, over the past three years (2013-2015), the average sale price for homes in this zip code has increased by 16%. These increases may be indicative of an improving economy and increasing demand for housing within this particular area.

If you are looking to purchase a home in Mechanicsburg, it is important to keep in mind that prices can vary greatly depending on location and condition. It is always advisable to consult with a real estate agent who can provide you with an accurate estimate of what your home might cost.