19046, Jenkintown, PA

Jenkintown is a suburban Philadelphia community located in the 19046 zip code. According to the 2010 census, Jenkintown had a population of 23,527. Home equity and home prices in this area have fluctuated over time, but they have generally trended upwards since the early 2000s. In 2006, the median home value was $163,000. By 2016, this figure had increased to $236,500. This increase can be partially attributed to increased demand for housing in the Philadelphia metropolitan area as well as rising prices across the United States.

Despite these increases, Jenkintown still has a lower median home value than many other communities in Pennsylvania. For example, the median home value in Chester County is $269,000 while it is $291,000 in Bucks County. Additionally, Jenkintown's median home value is below that of some large cities such as New York City ($381,500) and Chicago ($346,500). However, given its proximity to both Philadelphia and Center City Philadelphia (the city's downtown district), Jenkintown's median home value is relatively high when compared to other suburbs within Pennsylvania.

Another factor that affects Jenkintown's home values are local zoning laws and regulations. For example, zoning laws may restrict development near waterways or major transportation hubs (such as Interstate 95). These restrictions may make it more difficult for developers to build new homes or increase the price of existing homes within certain zones. Zoning laws also affect how much land can be used for residential purposes versus commercial use or industrial use. As a result of these regulations and restrictions - along with overall market conditions - homeownership rates and home values tend to be higher in areas that are zoned for single-family homes rather than multifamily dwellings or commercial properties