17329, Glenville, PA

The 17329 zip code of Glenville, Pennsylvania is located in the Lehigh Valley region and has a population of approximately 20,000. The median household income in this zip code is $62,500 and the median home value is $169,900. The average home equity loan amount in this zip code is $130,000.

There are a number of factors that contribute to the high home values in this zip code. First and foremost, Glenville is located within close proximity to major metropolitan areas such as Philadelphia and New York City. This proximity allows for an influx of affluent residents who want to live in close proximity to all the action. Additionally, Glenville has a strong economy with a high rate of job growth. This combination results in increased demand for homes and property values accordingly.

Despite these factors, there are some challenges facing homeowners in the 17329 zip code. One issue is that interest rates have been relatively low recently which makes it difficult for people to afford a mortgage on a new or existing home. Additionally, there has been an increase in foreclosures within this area which has lowered homeowner confidence and caused prices to decline slightly from their peak levels. However, overall it appears that homeownership rates are still high relative to other areas of the country and prices have not yet reached their bottom potential.