17404, York, PA

The 17404 zip code of York, PA has a median home value of $151,000 and a median home equity of $101,000. This is significantly lower than the Pennsylvania median home value of $217,500 and the national median home equity of $146,200. The majority of homes in the 17404 zip code are owner-occupied with 66% of homes being occupied by their owners. The average household size in the 17404 zip code is 2.8 people which is significantly lower than both the Pennsylvania average household size of 3.7 people and the national average household size of 3.5 people.

The 17404 zip code has a low rate of homeownership which may be contributing to its low home values. Homeownership rates in York County have been declining for several years and are currently at 61%. This low homeownership rate may be due to a number factors including high housing costs, limited availability for purchase within the county, and stricter lending criteria imposed by banks since the 2008 recession. In addition to its low homeownership rate, York County also has one of the lowest unemployment rates in Pennsylvania at 4%. These factors may help explain why homes in York County are relatively affordable when compared to other areas within Pennsylvania or nationally.