16441, Waterford, PA

The 16441 zip code of Waterford, PA has a median home value of $123,000 and a median home equity of $101,000. This is significantly lower than the Pennsylvania median home value of $181,500 and the national median home equity of $142,700. The 16441 zip code also has a significantly lower homeownership rate than both Pennsylvania (66%) and the nation (63%).

There are several factors that may contribute to the low home values in the 16441 zip code. First, Waterford is located in one of the most economically depressed areas in Pennsylvania. Second, there is a significant amount of vacant land in this area which may be contributing to decreased demand for homes. Third, there is a high level of student loan debt among residents which may be preventing some people from purchasing homes. Finally, many residents are likely living in their homes longer than they would like because they can't afford to buy a more affordable property.