10960, Nyack, NY

The 10960 zip code of Nyack, NY has a median home value of $269,500 and a median home equity value of $236,000. This is significantly higher than the statewide median home value of $179,800 and the national median home equity value of $177,200. The 10960 zip code also has a significantly lower homeownership rate than the statewide rate of 69.4% and the national rate of 68.2%. This indicates that there are more homes for sale in this zip code than there are homes owned by residents.

One reason for this high level of home ownership and equity in the 10960 zip code is likely due to its strong economy. The Nyack area has seen strong job growth over the past few years, which has led to an increase in both population and house prices. Additionally, Nyack is located in one of New York's wealthier counties (Westchester), which may also contribute to its high levels of home ownership and equity.