11355, Flushing, NY

The home equity and home prices in the 11355 zip code of Flushing, NY are very high. In fact, according to Zillow, the median home value in this zip code is $1,073,000. This is a far cry from the median home value of $146,000 that is found throughout much of New York City. The high home values in this zip code are likely due to several factors. First and foremost, Flushing is a highly desirable location. It is located within close proximity to many major metropolitan areas including New York City and Queens County. Additionally, there are a number of affluent neighborhoods within the zip code that contribute to its high home values. Finally, Flushing has experienced strong economic growth over the past few years which has led to an increase in demand for homes in this area.

Despite the high home values in the 11355 zip code of Flushing, NY it does not appear that prices will continue to rise at such an alarming rate for much longer. Several factors could lead to a slowdown or even a reversal of price growth in this area including slower economic growth or increased competition from other areas within New York City or Queens County. In any case, homeowners who are looking to purchase or sell their homes should do so as soon as possible given the current market conditions