17059, Mifflintown, PA

The 17059 zip code of Mifflintown, PA is located in the Lehigh Valley region of Pennsylvania. The area has a population of approximately 10,000 and has a median household income of $60,000. Home prices in the zip code have increased significantly over the past several years and are now among the highest in the region.

According to Zillow, home values in the 17059 zip code have increased by an average of 94% since 2012. In 2017, home values reached an all-time high of $269,900. This represents a significant increase from 2012 when home values were only $120,000. The majority of this growth can be attributed to strong demand for housing in the area and limited supply.

While there is certainly demand for homes in the 17059 zip code, there are also some risks associated with investing in this market. One risk is that prices may continue to rise faster than inflation rates which could lead to a loss on your investment over time. Additionally, interest rates may go up which could make it more difficult to afford your home or pay off your mortgage faster. While these risks are always present when investing in any type of property, they are particularly important to consider when investing in homes due to their high value and long-term commitments.

Overall, while there are some risks associated with buying a home in the 17059 zip code, it appears that overall demand remains strong and prices continue to rise rapidly. If you are interested in purchasing a home within this area we recommend doing your research carefully before making any decisions