17740, Jersey Shore, PA

The 17740 zip code of Jersey Shore, PA is located in the Lehigh Valley region of Pennsylvania. The area has a population of approximately 107,000 people and an average household income of $76,000. Home prices in the 17740 zip code have increased significantly over the past few years, reaching an average price of $183,500 as of May 2016. This increase in home prices has been largely due to strong demand from buyers and limited supply from sellers.

There are several factors that have contributed to the increase in home prices in the 17740 zip code. First, there is a high demand for housing due to the growing population and employment opportunities in the area. Second, many homes in this zip code are located on large lots that provide plenty of space for expansion or additions. Third, many homes in this zip code are new construction or recently renovated which increases their value. Finally, there is a low number of available homes for sale compared to other areas within Pennsylvania which drives up prices.

Despite these positive factors, there are also some challenges facing home buyers in the 17740 zip code. One issue is that there is a limited supply of homes available for sale which drives up prices and makes it difficult for buyers to find affordable properties. Another challenge is that many homes in this area are located near busy roads and highways which can be noisy and disruptive during peak hours. Additionally, some homeowners who have been living in their homes for a long time may not be interested in selling because they believe their property's value has increased too much over time. These issues will likely continue to affect home values and sales activity within the 17740 zip code over time as market conditions change