18229, Jim Thorpe, PA

The 18229 zip code of Jim Thorpe, PA has a median home value of $137,000 and a median home equity value of $128,000. These values are higher than the national median home value of $123,500 and the national median home equity value of $119,700. This indicates that the homes in this zip code are more valuable than average.

One reason for this may be that the population in this zip code is older than average. The 18229 zip code has a median age of 45 years, which is 6 years older than the national median age of 37 years. This older population may have more money available to invest in homes. Additionally, many people in this zip code own their homes outright rather than using a mortgage or other loan product. This means that they have more control over their property and can therefore afford to pay higher prices for it.

Another factor that could contribute to high home values in the 18229 zip code is its location. The area around Jim Thorpe is popular with tourists because it was the site of several historical events, including the death of James Earl Ray (the assassin who killed Martin Luther King Jr.) and General George S. Patton's death at Third Army headquarters near Aschaffenburg during World War II. These events may have increased demand for housing in this area and led to higher prices for properties there.