18302, East Stroudsburg, PA

East Stroudsburg, Pennsylvania is located in the 18302 zip code. Home equity and home prices in this area have seen a significant increase over the past few years. In fact, according to Zillow, the median home value in this zip code is $232,000. This is a significantly higher value than the national median home value of $177,500.

One reason for this high home value is that East Stroudsburg has a relatively low population density. There are only 2,848 people living in this zip code which means that there are plenty of homes available for sale and buyers can afford to pay a higher price for one of these homes. Additionally, East Stroudsburg has a good job market with an unemployment rate of 3%. This means that there are plenty of people who can afford to buy a home and invest in it.

Another reason why home values have increased so much in East Stroudsburg is that the area has seen strong growth over the past few years. According to Zillow’s data, the average annual growth rate for homes in this zip code from 2013-2017 was 5%. This indicates that there are plenty of potential buyers who are interested in purchasing homes here and driving up prices.

Overall, it seems clear that East Stroudsburg’s high home values are due to several factors including low population density and strong economic growth rates. If you're looking to purchase or invest in a property in this area, be sure to do your research carefully so you can make an informed decision about whether or not it's worth investing in one of these homes