11709, Bayville, NY

Bayville, NY is located in Nassau County and has a population of about 21,000. The median household income is $101,000 and the median home value is $1,060,000. The zip code 11709 has a home equity rate of about 97%. This means that the typical homeowner in this zip code has over $100,000 in equity in their home.

The Bayville area has seen strong growth over the past few years. The population increased by 7% between 2010 and 2015 and the number of homes sold increased by 10%. This growth is likely due to the many amenities that Bayville offers residents including excellent schools, access to parks and beaches, and a low cost of living.

There are many factors that contribute to home equity rates. One important factor is whether or not a homeowner has taken advantage of available financing options such as mortgages or HELOCs (home equity lines of credit). Another factor is whether or not a homeowner has made any repairs or updates to their home since it was purchased. If a homeowner has kept up with their home's maintenance then their home equity will be higher than if they have not done so.