18925, Furlong, PA

Home Equity and Home Prices in the 18925 Zip Code of Furlong, PA

The 18925 zip code of Furlong, PA has a median home value of $128,000. This is higher than the Pennsylvania median home value of $119,500. The 18925 zip code also has a higher percentage of homes with a mortgage than the Pennsylvania median home value percentage of 57%. This indicates that more homes in this zip code are financed through a mortgage. The average loan amount for mortgages in this zip code is $157,000. This is higher than the Pennsylvania average loan amount of $146,500.

The 18925 zip code also has a high percentage of homeowners who have equity in their homes. Over 50% of homeowners in this zip code have equity in their homes which is above the Pennsylvania average homeowner equity percentage of 43%. This indicates that many homeowners in this area are able to borrow against their home equity to finance their purchase or improvement projects. It is also likely that these homeowners have been able to save up enough money over time to be able to afford a larger down payment on their home purchase or they have been able to get help from family and friends when they needed it to buy their home.