18634, Nanticoke, PA

When people think of home equity, they often think of the value of their home minus any outstanding mortgages or other debts. This is a good starting point, but it doesn't tell the whole story. Home equity can also be thought of as the value of your home plus any money you've saved up in your down payment and other investments such as stocks and bonds.

According to Zillow, the median home value in Nanticoke is $92,500. This means that half of all homes in this zip code are worth more than this amount, while the other half are worth less. However, when you take into account how much people have saved up for a down payment and other investments, the median home equity in Nanticoke is actually higher than this figure: $107,000.

This means that more than half (54%) of all homes in Nanticoke have more equity than what's required to buy them outright - even if they don't have any money saved up for a down payment!

This high level of equity is likely due to two factors: firstly, there are relatively few homes available for sale in Nanticoke at present; secondly, prices have been rising slowly but steadily over the past few years. In fact, according to Zillow's data , prices have increased by an average of 2% each year since 2013 - which means that homeownership rates in this zip code are currently at their highest levels ever!

So why are prices rising so slowly? There are several reasons: Firstly, interest rates remain low (currently around 3%), which helps keep mortgage payments affordable; secondly, there's limited supply because many homeowners who want to sell their homes haven't been able to do so because they're waiting for prices to rise further; and finally (and most importantly), many potential buyers aren't interested in buying a house right now because they believe that housing values will eventually fall again.

However - despite these risks - it's still important to stay vigilant about market conditions and make sure you're prepared for anything by having enough savings set aside should things go wrong (e.g., if you lose your job). In short: while there may be some risks involved with owning a home right now , overall it seems like a good investment choice based on current market conditions .