11559, Lawrence, NY

The 11559 zip code of Lawrence, NY has a median home value of $236,000. This is significantly higher than the statewide median home value of $146,500. The average home value in this zip code is also much higher than the national average of $194,200. This indicates that there are a significant number of homes in this zip code that are worth a significant amount of money.

One reason why the 11559 zip code has such high home values is likely because it is located in one of the most affluent areas in New York State. Lawrence is known for its prestigious universities and its affluent residents. This has led to an influx of wealthy people into the area, which has contributed to the high home values in this zip code. Additionally, many homes in this area were built decades ago and have not been updated since then, which also contributes to their high values.

Despite these factors, there are still some homes in the 11559 zip code that are worth less than their median value. This may be due to recent market conditions or because they are newer homes that have not yet reached their peak prices. Regardless, it is important to keep in mind that all homes in this area are worth at least somewhat more than what they would be worth if they were located anywhere else in New York State.