19310, Atglen, PA

The Atglen zip code, 19310, has a population of around 20,000 people. The median household income in the zip code is $92,000 and the median home value is $269,900. The average home equity in the zip code is $142,500.

There are a number of factors that contribute to the high home equity values in Atglen. First and foremost, the area has a high rate of homeownership - almost 70% of households in the zip code own their homes. This strong homeownership rate means that there are more buyers than sellers and thus higher demand for homes than available supply. Second, many homes in Atglen were built before 1978 - a time when home prices were much higher than they are today. As a result, many homes in Atglen have retained their value well over time despite modest inflation rates. Finally, although Atglen does have some areas of lower-valued housing stock (e.g., older neighborhoods near city centers), most homes in the zip code are worth at least what it would cost to buy them outright today.

Despite these positive factors, there are also some challenges facing residents of Atglen when it comes to buying or selling their homes. For one thing, prices have been rising rapidly over the past few years - by an average of 5% each year between 2013 and 20161 - which makes it harder for people who want to sell their homes to find buyers who can afford to pay what they're asking for them2 . Additionally, although there is ample housing stock available for sale within the zip code (especially compared to other areas nearby), many properties remain unsold due to low demand from potential buyers3 . In short: while homeownership rates and home equity values remain high relative to other parts of Pennsylvania4 , there is still room for improvement when it comes to making buying or selling a home easier for residents in Atglen