11379, Middle Village, NY

The home equity and home prices in the 11379 zip code of Middle Village, NY are very high. The median home value in this zip code is $1,814,000. This is a much higher value than the median home value in the United States as a whole which is $177,500. In addition, the percentage of homes that are owner-occupied in this zip code is much higher than the percentage of homes that are owner-occupied in the United States as a whole. This indicates that there are more people who own their homes in this zip code than there are people who rent their homes. The average monthly mortgage payment for someone who lives in this zip code is $2,521. This is much higher than the average monthly mortgage payment for someone who lives in the United States as a whole which is $1,723. It seems that people who live in this zip code can afford to pay a lot of money each month to keep their homes.

One reason why the home equity and home prices in this zip code are so high is because there are a lot of wealthy people living here. The median household income in this zip code is $106,000 which is much higher than the median household income nationwide which is $53,657. It seems that a lot of people who live here have enough money to buy or build a house even if they don't have any other sources of income. Another reason why the home equity and home prices here are so high may be because there aren't many houses available for sale or rent on average. There were only 116 houses available for sale or rent on Zillow at the time of writing this essay and there were only 107 houses available for rent on Zillow at the time of writing this essay. This means that most people living here either already own their homes or they can easily find someone to buy or rent them if they want to move away from here.