11554, East Meadow, NY

East Meadow, NY is located in Nassau County and has a population of approximately 33,000. The 11554 zip code has a median home value of $1,052,500 and a median household income of $128,000. Home equity is an important part of the American dream for many people, and East Meadow is no exception. In East Meadow, home equity is especially important because the average commute to work is only 20 minutes.

East Meadow's popularity as a suburb has helped to drive up home values in the 11554 zip code. In fact, according to Zillow's 2018 Home Value Index report, East Meadow ranks as the fifth most expensive zip code in New York State and the third most expensive zip code in Nassau County. This high demand has led to some homeowners experiencing significant gains in their home equity over the past few years. For example, according to Zillow's 2018 Home Value Index report, the average home value in East Meadow increased by 5% from 2017 to 2018.

Despite this strong market growth, there are still many homeowners who are benefiting from East Meadow's stable housing market conditions. According to Zillow's 2018 Home Value Index report, 78% of homes in East Meadow were purchased within three years of being listed for sale on Zillow® . This indicates that there is strong demand for housing stock in East Meadow even during times when prices are increasing rapidly.

Overall, East Meadow's stable housing market conditions have led to significant gains for homeownership rates and home equity values throughout the 11554 zip code area. While prices may continue to increase rapidly over time due to increasing demand from buyers and limited supply of available homes on the market (due primarily to zoning restrictions), homeownership rates and home equity values will likely continue to rise over time thanks largely to East Meadow's stable housing market conditions