17739, Jersey Mills, PA

The 17739 zip code of Jersey Mills, PA has a median home value of $129,000. The home equity in this zip code is $47,000. This means that the majority of homes in this zip code are worth more than their original purchase price. Additionally, the average home price in this zip code has increased by 5% over the past year.

This increase in home prices is likely due to several factors. First, Jersey Mills is located in a desirable area with plenty of job opportunities. Second, the local economy has been strong overall and there have been few major housing market fluctuations over the past year. Finally, many homeowners have taken advantage of low interest rates to refinance their mortgages and increase their home equity values.

While these positive trends are encouraging for homeowners in this zip code, it's important to remember that there are also risks associated with high home equity values. If interest rates rise or the local economy takes a downturn, many homeowners could find themselves facing significant financial challenges. It's important to consult with a qualified financial advisor if you're considering increasing your home equity value or if you're worried about any potential risks associated with it