January's First-Time Homebuyer Report for 19002 Zip Code

19002 is a larger than average zip code in Pennsylvania with 31,103 residents. Its population is also growing about even with others at a 10-year growth rate of -0.4%. The 19002 zip code is an area where most people own their homes, with an ownership ratio of 73.4%. Heading the list of top schools in the zip code is Limekiln-Simmons Elementary School.

Culture

If you're interested in the nightlife, one of the most popular places to get a drink in 19002, according to Foursquare, is Iron Hill Brewery & Restaurant. You might also try Starbucks, a popular place to get a cup of coffee. And then for shopping, you might enjoy Trader Joe's, Whole Foods Market, and Giant.

Price Range

The median value of homes in the 19002 zip code is $345,000, making it one of the most valuable areas in Pennsylvania. At the same time, the average list price of available homes is presently $518,293. Home sales in the 19002 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 15.2% to 28 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 19002 zip code:

$14M   $479K   $3.5M  

Typical Dwelling

A four-bedroom detached home valued around $545,315 is considered a typical dwelling in the 19002 zip code. If a buyer was looking for a similar home, they would need good credit and a $109,063 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,019 and the property tax rate is $16.80 per $1,000 of taxable assessed value.

Get started right now by checking out 19002 homes for sale or reviewing 19002 real estate trends.


Data reported through 1/12/2017

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