10911, Bear Mountain, NY

The 10911 zip code of Bear Mountain, NY has a median home value of $1,851,000 and a median home equity value of $269,000. This is higher than the statewide median home value of $177,500 and the national median home equity value of $181,200. The 10911 zip code also has a higher than average percentage of homes with mortgages at 84%. This is higher than the statewide mortgage rate of 72% and the national mortgage rate of 64%.

The 10911 zip code has a lower than average percentage of homes without mortgages at 16%. This is lower than the statewide mortgage rate of 27% and the national mortgage rate of 31%. The 10911 zip code also has a lower than average percentage of homes with negative equity at 2%. This is lower than the statewide negative equity rate of 3% and the national negative equity rate of 5%.

There are many factors that contribute to home values in any given area. Some important factors in the 10911 zip code include: population density (higher populations lead to increased demand for housing), school ratings (more educated families tend to be able to afford more expensive homes), and proximity to amenities (higher quality schools and businesses lead to increased demand for housing near them).