19021, Croydon, PA

The 19021 zip code of Croydon, PA has a median home value of $101,500 and a median home equity value of $122,000. These values are significantly higher than the Pennsylvania median home value of $76,600 and the national median home equity value of $81,200. The 19021 zip code is also significantly higher than the statewide median home value of $68,900 and the national median home equity value of $81,200.

The 19021 zip code is located in southeastern Pennsylvania and includes a mix of suburban and rural areas. The majority (60%) of homes in the 19021 zip code are owner-occupied while 40% are occupied by renters. The average household size in the 19021 zip code is 2.7 people which is slightly larger than the statewide average household size (2.6 people) but smaller than the national average household size (3.1 people).

The19021 zip code has a high rate of homeownership which contributes to its high home values. Homeowners in this zipcode have an average net worth ($122,000) which is more than double the statewide net worth ($49,100) and more than triple the national net worth ($56,100). This high rate of homeownership may be due to strong economic conditions in southeastern Pennsylvania or it may be due to strong demand for housing within this area.

Despite having a high rate of homeownership, there has been an increase in demand for housing within the 19021 zip code over recent years. Between 2007 and 2016 there was an increase in house prices from $104,000 to $101,500 – an increase of 6%. This increase may be partially attributed to low interest rates which have helped spur growth in housing prices across all markets nationwide but it may also be attributable to increasing demand for housing within this specific area.