19061, Marcus Hook, PA

Marcus Hook, PA is located in Delaware County and has a population of just over 10,000. The median household income in the zip code is just under $60,000 and the median home value is just over $200,000. Home equity and home prices have been on the rise in Marcus Hook for quite some time now. In 2006, the median home value was just over $150,000 and by 2016 it had increased to over $200,000. This trend appears to be continuing as of 2018 with the median home value being well above $225,000.

One reason that home values have been increasing so much in Marcus Hook is because of its close proximity to Philadelphia. Philadelphia has been experiencing a lot of growth lately which has led to more people moving into the city and buying homes there. Additionally, Marcus Hook has seen a lot of development recently which has also contributed to rising home values. There are a lot of new homes being built in this area which means that there are plenty of options for buyers when it comes to purchasing a home.

Another factor that contributes to rising home values in Marcus Hook is the low interest rates currently available on mortgages. Rates have been low for quite some time now which makes it easier for people to buy homes outright rather than using mortgage financing. Additionally, there are a lot of new developments being built in this area which means that there are plenty of new homes available for sale as well as potential buyers looking to invest their money into property instead of stocks or other investments.