17729, Cross Fork, PA

The 17729 zip code of Cross Fork, PA has a median home value of $128,000. This is lower than the Pennsylvania median home value of $181,500. The 17729 zip code also has a lower than average home equity percentage of 56%. This means that the majority of homes in this zip code are worth less than their original mortgage balance.

There are several factors that could contribute to the low home equity percentage in the 17729 zip code. One reason could be that many homes in this zip code are older and may not have been updated since they were built. Another reason could be that there is a high concentration of rental properties in this area, which could lead to depreciation of property values over time.

Despite the low home equity percentage, there is still some demand for homes in the 17729 zip code. This is likely due to its close proximity to major cities like Pittsburgh and Philadelphia as well as its relatively affordable cost of living. As long as there is no significant increase in housing prices or interest rates, it seems likely that homeownership rates will remain low in this area.