10977, Spring Valley, NY

The 10977 zip code of Spring Valley, NY has a median home value of $247,000 and a median home equity of $101,000. This is higher than the statewide median home value of $175,600 and the national median home equity of $106,200. The 10977 zip code also has a lower than average homeownership rate of 63%.

The 10977 zip code has seen an increase in home values over the past five years. In 2012, the median home value was $219,000 and in 2017 it was $247,000. This is an increase of 18%. The increase in values can likely be attributed to increased demand due to increasing population density and proximity to major metropolitan areas such as New York City and Albany.

Despite seeing an increase in values over the past five years, there are still many homes for sale in the 10977 zip code. There are currently 159 homes for sale in this zip code which is below the statewide average of 226 homes for sale and below the national average of 232 homes for sale. This indicates that there is still plenty of opportunity for buyers to find a property that meets their needs at a price they are comfortable with.