19350, Landenberg, PA

The Landenberg zip code, 19350, has a population of about 2,000 people. The median household income in the zip code is $78,000. The median home value in the zip code is $224,000.

There has been a significant increase in home equity and home prices in the Landenberg zip code over the past few years. In 2016, there was an increase of 6.5% in home values and 10% in home equity values compared to 2015. This trend appears to be continuing into 2017 as there was an increase of 5% in home values and 9% in home equity values as of February 2017.

One reason for this trend may be that Landenberg is located within a desirable area with low unemployment rates and high incomes. Additionally, many homes are currently being upgraded with new features such as updated roofs and windows which can add value to a property.

While this trend may continue for some time, it is important to remember that it is still possible for prices to decline or for interest rates to rise which could impact homeowners' ability to repay their mortgages or take out additional loans to purchase additional properties.