19373, Thornton, PA

Thornton, PA is located in the Philadelphia metropolitan area. The zip code of 19373 has a population of approximately 25,000. Home equity and home prices in 19373 have been increasing steadily over the past few years. In 2013, the median home value was $146,500. This increased to $161,500 in 2014 and reached $176,000 by 2016. The 2017 median home value is currently estimated at $183,700.

There are several factors that have contributed to the increase in home values in Thornton over the past few years. First and foremost is the strong economy which has led to an increase in demand for housing throughout the country. Second is the low interest rates environment which has made borrowing more affordable than ever before. Third is the increasing popularity of homeownership which has caused demand for homes to outpace supply significantly. Finally, Thornton has seen significant growth over recent years due to its close proximity to major metropolitan areas such as Philadelphia and Pittsburgh as well as its excellent schools and infrastructure.

Despite these positive trends, there are some risks associated with buying or owning a home in Thornton that should be considered before making a decision to buy or sell a property there:

-The local market can be volatile and unpredictable – although overall it appears to be growing steadily, there have been occasions where prices have fallen sharply (or even crashed) within short periods of time;

-The area can be quite rural – although this may not be an issue for some people who prefer peace and quiet (or who are looking for land ownership rather than rental properties), it may not be ideal if you're looking for access to amenities such as shopping centres or restaurants;

-The neighbourhood can feel relatively isolated – while this may not necessarily be a bad thing if you're looking for privacy and tranquility (and you don't mind travelling outside of your neighbourhood occasionally), it might not suit everyone if they want easy access to transportation and other services;

-The climate can vary considerably from year-to-year – while Thornton typically experiences mild winters (although temperatures can still drop below freezing on occasion), summers can be quite hot and humid;

-Home prices tend to rise faster than average inflation rates – so if you're hoping to keep up with inflation over time (or if you plan on selling your property soon), it's important that you factor this into your calculations;

-There is often competition among buyers – especially during busy periods when multiple offers are usually received quickly;

-Some neighbourhoods within Thornton may become less desirable as new development projects are completed nearby – although this hasn't happened yet according to recent reports, it's always possible that something could change down the line;

all things considered though , most people seem happy with their purchase decisions lately .