19342, Glen Mills, PA

The 19342 zip code of Glen Mills, PA has a median home value of $137,500. This is a decrease from the median home value of $148,000 in 2016. The reason for this decrease is unknown, but could be due to the recent market volatility or other factors.

Glen Mills has seen an increase in home equity over the past few years. In 2016, the average home equity in Glen Mills was $148,000. However, by 2018 this had increased to $167,000. This indicates that there are more homeowners with a higher level of equity in their homes than there were two years ago.

There are several factors that could be contributing to this increase in home equity: rising prices overall across the country; low interest rates; and improving economic conditions which lead to more people being able to afford homes outright or through mortgages.

It is important to note that while Glen Mills has seen an increase in its average home value over the past few years, it is not necessarily indicative of all neighborhoods within this zip code. There are areas with lower values and areas with higher values - so it's important for buyers and sellers to do their research before making any decisions about buying or selling a property in Glen Mills.