19008, Broomall, PA

The home equity and home prices in the Broomall, PA zip code in the year 2008 were very high. The median home value was $206,000 and the median home equity was $144,000. This is a very high percentage of home equity for a zip code of this size. The average credit score for this zip code was 716 which is above the national average of 679. This indicates that most people in this zip code have good credit and are able to borrow money to buy a house.

The reason why these homes are so valuable is because there is a lot of demand for them. There are many people who want to live in this area because it has many amenities, such as good schools and shopping centers. Additionally, there is no shortage of jobs in this area either which means that people can easily find employment if they want to.

Overall, it seems that the homeownership rate in Broomall is high because most people have enough money saved up to buy a house even if their credit score isn't perfect. Additionally, there is a lot of demand for homes here so even if someone does not have perfect credit they can still find a house that they can afford.