18463, Sterling, PA

The 18463 zip code of Sterling, PA has a median home value of $126,000. This is lower than the Pennsylvania median home value of $181,500. The zip code also has a lower rate of homeownership at just 54%. This is due in part to the high rates of unemployment and poverty in this area.

Despite these challenges, there are still many homeowners in the 18463 zip code. The average homeowner in this area has equity in their home worth $92,000. This is higher than the Pennsylvania average equity amount of $68,000. Homeownership rates are also higher here than they are statewide because Sterling is a more affluent area.

One reason for the high homeownership rate in Sterling is that there are relatively few homes for sale here. There were only 97 homes listed for sale as of May 2018 which is less than half the number of homes that were listed for sale statewide. This shortage of available homes may be contributing to the high equity values among homeowners here.