18201, Hazleton, PA

Hazleton is a small town in Luzerne County, Pennsylvania. The population was 18,201 as of the 2010 census. Hazleton is located in the northeast corner of Luzerne County and is bordered by Wilkes-Barre to the north, Scranton to the east, Pittston Township to the south and west, and Nanticoke to the northwest. Hazleton has a humid continental climate (Köppen Dfa) with cold winters and hot summers.

The median home value in Hazleton was $101,200 as of September 1, 2016 according to Zillow. This makes Hazleton one of the more affordable places to live in Pennsylvania with a median home value below $130,000. The average list price for homes sold in Hazleton during September 2016 was $104,547 according to Trulia. This means that on average homes are selling for slightly less than their list price which may be attributable to low demand or high inventory levels within the city limits.

Home equity plays an important role in many people’s lives and can provide them with financial stability when they need it most. Home equity can also be used as collateral for a loan which can help people purchase a home or improve their current home equity situation.

According to Zillow’s 2018 Home Value report, homeownership rates were highest in Hazleton at 91%. This indicates that many residents are able to afford their own homes despite having low home values relative to other areas within Pennsylvania or nationwide. Additionally, there are relatively few foreclosures or short sales within the city limits which suggests that residents are able to keep their homes for an extended period of time even if their home values decline over time.

Despite these positive trends there are some challenges facing homeownership rates within Hazleton which should be addressed through policy changes or market forces: firstly, there is limited availability of affordable housing due largely to zoning restrictions that prevent new development from taking place; secondly, rising property taxes have made owning a home more expensive over time; and finally income inequality is increasing throughout much of America which may limit access by certain segments of society (elderly citizens or those with lower incomes)to own a home outright."