11975, Wainscott, NY

Home Equity and Home Prices in the 11975 Zip Code of Wainscott, NY

There are a total of 1,906 homes in the zip code of 11975. Of these homes, there are 1,814 single-family homes and 116 condos. The median home value in this zip code is $1,859,000. The average home value per square foot is $269. This means that the median home value is approximately 3 times the average price per square foot for all of Westchester County.

The majority (82%) of homes in this zip code are owner-occupied. This means that most people living in this area have direct access to their own property and can do whatever they want with it. Only 18% of homes in this zip code are rented. This indicates that there is a high demand for housing here and that people are willing to pay a high price for it.

There has been an increase in home values over the past few years due to several factors: increasing demand from buyers who want to live close to Manhattan but don't want to pay high prices; low interest rates; and limited supply due to zoning laws that restrict how many new houses can be built near Wainscott Village (the main commercial district). As long as these factors continue to exist, we can expect continued increases in home values throughout Westchester County - including the 11975 zip code.