11937, East Hampton, NY

East Hampton, NY is located on Long Island and has a population of approximately 10,000. The 11937 zip code has a median home value of $2.5 million and a median household income of $115,000. Home equity in this zip code is very high compared to other areas of the country. In fact, according to Zillow, the average home equity in the U.S. is only around $100,000.

There are several reasons why East Hampton's home equity is so high. First, the area is affluent and has a high demand for housing due to its proximity to New York City and other major metropolitan areas. Second, East Hampton homes are typically larger than homes in other parts of Long Island and consequently have more value per square foot. Finally, there is a low rate of foreclosure activity in this zip code which contributes to the high home equity values.

Despite these factors, it's important to keep in mind that home values can fluctuate significantly over time due to many factors including interest rates, market conditions, and local events/developments (such as new construction projects or zoning changes). As such, it's always advisable to consult with an experienced real estate agent before making any decisions about purchasing or selling a home in East Hampton ZIP code 11937!