18103, Allentown, PA

When people think of home equity, they often think of the value of their home. However, there are other factors that can affect a home's equity, such as the market conditions in which it is located. In this essay, we will discuss the home equity and home prices in the Allentown, PA 18103 zip code.

According to Zillow, the median home value in Allentown was $159,200 in January 2018. This is up from $153,100 a year earlier and significantly higher than the national median of $146,700. The city's homeownership rate was 69.4% as of January 2018 which is above the national rate of 63%. This indicates that many people in Allentown are invested in their homes and believe they have a good chance of keeping them for a long time.

However, not everyone believes that all areas within Allentown are experiencing healthy housing markets. According to Trulia's analysis of recent data (through February 2018), some neighborhoods within Allentown have seen significant declines in their home values over the past year or two while others have seen modest gains or remain relatively stable. It seems that there is no one-size-fits-all answer when it comes to assessing whether or not an area's housing market is healthy - what matters most is what you're looking for when making your decision!

Despite these fluctuations however, overall it seems safe to say that homeownership rates and median home values are both high relative to other areas within Pennsylvania and nationwide. Additionally, according to Zillow's research , mortgage rates currently hover around 4%, which makes owning a property here an affordable option for many people