01264, Tyringham, MA

The Tyringham, MA 1264 zip code has a median home value of $269,000 and a median home equity value of $119,000. The 1264 zip code ranks #1 in the state of Massachusetts for both home values.

There are a number of factors that contribute to the high home values in the 1264 zip code. One reason is that Tyringham is an affluent town with a high population density. This means that there are many homes for sale and buyers have plenty of competition for properties. Additionally, Tyringham is located in a desirable area with plenty of amenities and good schools. Finally, Tyringham residents have been able to benefit from strong economic growth over the past few years which has led to increased demand for homes in the area.

Despite these positive factors, there are some risks associated with buying a home in the 1264 zip code. One risk is that prices could decline over time if the local economy weakens or if there are any major construction projects nearby. Another risk is that interest rates could rise significantly and make it more difficult for homeowners to pay off their mortgages. In addition, some potential buyers may be deterred by high prices or uncertain market conditions and decide not to purchase a property even if they qualify because they believe it will be worth less later on.