10953, Mountainville, NY

Mountainville, NY is located in the 10953 zip code. According to the 2010 census, the population of Mountainville was 1,811. The median household income was $50,000 and the median family income was $60,000. The 10953 zip code has a home equity value of $205,000 and a home price of $269,900.

The average mortgage rate in the 10953 zip code is 4.5%. The average home value in this zip code is nearly three times greater than the average mortgage rate. This suggests that there are many homeowners who are able to borrow money against their homes to purchase additional property or to finance larger purchases such as cars or houses.

There are several factors that may contribute to these high home values in the 10953 zip code. First, Mountainville is located in an affluent area with a high concentration of jobs and businesses. Second, there is a strong demand for housing in this area due to its proximity to major cities such as New York City and Albany as well as other desirable suburbs such as Westchester County and Rye Brook. Third, there has been an increase in investment activity within this zip code over recent years which may have contributed to increased demand for homes and higher home values. Fourth, although there have been some recent fluctuations in the market due to global economic conditions (e.g., recession), overall prices appear to be stable or increasing over time which suggests that buyers remain confident about future prospects for housing prices within this area