17101, Harrisburg, PA

The 17101 zip code of Harrisburg, PA has a population of over 100,000 people and a median home value of $153,000. The home equity in this zip code is high compared to the rest of the country. In fact, the home equity in this zip code is more than double the national average. This high level of home equity is likely due to the strong economy and low interest rates in Harrisburg.

Another factor that contributes to the high level of home equity in this zip code is the fact that there are a lot of homes for sale in this area. There are currently over 4,000 homes for sale in this zip code, which is more than double the number of homes for sale at this same time last year. This indicates that there are a lot of people who want to buy homes in this area and that there are plenty of options available when it comes to buying a home.

Despite these positive factors, there are some risks associated with having high levels of home equity. For example, if interest rates increase or if the economy takes a downturn, then many homeowners could find themselves struggling to pay their mortgages or other debts related to their homes. Additionally, if someone loses their job or experiences other financial difficulties, they may be unable to afford their mortgage payments or other bills related to their house. Therefore, it is important for homeowners who have high levels of home equity to make sure they understand all the risks involved before making any decisions about buying or selling a house.