18102, Allentown, PA

The Allentown, PA 18102 zip code has a median home value of $137,000 and a median home equity of $101,000. The Allentown, PA 18102 zip code has a lower than average home value compared to other zip codes in the United States. The reason for this is that the Allentown, PA 18102 zip code has a high percentage of owner-occupied homes. This means that the homes in this area are more likely to be worth less than the amount of mortgage debt that is owed on them. Additionally, the Allentown, PA 18102 zip code has a low percentage of homes that are valued at more than $500,000. This means that there is not as much money available to purchase homes in this area for people who want to buy a home with equity.

Despite these factors, the Allentown, PA 18102 zip code still experiences an increase in home values over time. This is likely due to several factors including low unemployment rates and increased demand for housing stock from people who are looking to buy or sell their homes. Additionally, many people who live in the Allentown, PA 18102 zip code may choose to invest their money elsewhere instead of buying a home with equity. For example, they may choose to invest their money in stocks or bonds instead of buying a house outright.