16412, Edinboro, PA

Edinboro, PA is located in the 16412 zip code. According to the 2010 census, Edinboro has a population of 10,827. The median household income in Edinboro was $41,906. Home equity and home prices in the 16412 zip code are important factors to consider when evaluating a potential home purchase or investment.

The average home value in Edinboro was $127,000 as of September 30, 2016. This is lower than the Pennsylvania average of $157,500 but higher than the national average of $123,200. Home values have increased by 5% over the past year and by 8% over the past five years. The majority (87%) of homes in Edinboro were purchased within the last three years.

Home equity is an important factor when purchasing a home or investing in real estate. Home equity can be used to pay down debt or finance other expenses associated with owning a home such as repairs and improvements. Home equity can also be used to purchase another property or withdraw cash from an existing property without having to sell it first.

As of September 30th 2016 there were 2,521 homes for sale in Edinboro with an average list price of $132,000 - which is above the Pennsylvania average list price of $128,500 but below the national average list price of $148,900 . There were also 1,716 homes for sale with an average asking price of $147,700 - which is above the Pennsylvania average asking price but below the national average asking price