18603, Berwick, PA

The 18603 zip code of Berwick, PA has a median home value of $194,900 and a median home equity value of $128,700. These values are higher than the Pennsylvania median home value of $146,600 and the national median home equity value of $141,400. This is likely due to the presence of affluent neighborhoods in this zip code, as well as its proximity to Philadelphia.

In terms of homeownership rates, the 18603 zip code has a rate of 66%. This is lower than the Pennsylvania rate of 69% and the national rate of 67%. This may be due to the high cost of housing in this area or because there are fewer affordable options for buyers.

There have been significant changes in both home prices and homeownership rates over the past five years. In 2012, the median home value was $185,000 and the homeownership rate was 68%. Five years later, these values had increased by 10%, reaching a median home value of $194,900 and a homeownership rate of 71%. This suggests that there has been an increase in demand for homes in this area over this period.