Zip 16142 (New Wilmington, PA) Housing

The housing market in 16142 New Wilmington, PA is thriving with a median house value of $212,900 - far lower than the national median at $338,100. Over the past year, house values in 16142 have appreciated by 10.29%, much higher than the national rate of 8.27%. This suggests that property values in this area are increasing quickly and are expected to continue doing so for some time. Investing in real estate here could be a smart move given the current market conditions.

The median home cost in New Wilmington (zip 16142) is $212,900. Home appreciation the last 10 years has been 57.9%. Home Appreciation in New Wilmington (zip 16142) is up 15.7%.

Average Age of Homes

- The median age of New Wilmington (zip 16142) real estate is 51 years old

The Rental Market in New Wilmington (zip 16142)

- Renters make up 22.5% of the New Wilmington (zip 16142) population
- 1.7% of houses and apartments in New Wilmington (zip 16142), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Wilmington, Pennsylvania	United States
	2,070.0	139,647,020.0
	50	42
	$212,900	$338,100
	15.7%	16.6%
	43.6%	57.0%
	57.9%	101.1%
	$12.57	$10.98
	$2,324	$2,690
	69.9%	57.4%
	8.3%	11.2%
	21.8%	31.4%
Vacant Housing
	1.7%	1.9%
	1.1%	0.4%
	0.4%	0.7%
	1.5%	0.4%
	0.5%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	1.1%	2.4%
	2.6%	2.8%
	1.7%	3.9%
	3.6%	4.5%
	25.2%	11.3%
	21.1%	13.0%
	23.6%	20.1%
	10.1%	13.6%
	3.7%	8.3%
	3.5%	9.7%
	1.0%	3.9%
	1.2%	2.2%
	0.7%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	12.2%	13.6%
	12.2%	13.6%
	8.4%	13.6%
	9.8%	13.2%
	14.7%	14.8%
	8.4%	13.6%
	10.6%	10.0%
	7.4%	4.7%
	22.0%	12.2%

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