Zip Code:
12086 is a New York Zip code within the city of Hagaman and the county of Montgomery County. Its population is roughly 1,453.
The Hagaman zip code is located in the town of Hagaman, New York. According to the 2010 census, the population of Hagaman was 1,868. The median household income in the zip code was $50,527. The home equity and home prices in the 12086 zip code are important factors to consider when evaluating a potential home purchase or sale.
According to Zillow’s Home Value Index for ZIP Codes within 100 miles of New York City (12086 included), the median home value in this zip code was $137,500 as of September 30th, 2018. This is above the national median home value of $127,200 and indicates that there is a greater demand for homes in this area. Additionally, Zillow’s index shows that prices have increased by 5% over the past year which indicates that there is still strong demand for homes in this area.
While there are many factors that can affect a home’s price including location and size, it is important to note that home equity plays an important role in determining a property’s market value. Home equity refers to the total amount of money that a homeowner has invested in their house – both through cash payments and through loans – plus any additional money they may have borrowed against their house since it was purchased. In order for someone to sell their house, they must first reduce their outstanding mortgage balance by whatever percentage corresponds with how much equity they currently possess (typically around 20%). Once this has been accomplished, they can then list their house on either an open market or through a real estate agent and wait for offers from potential buyers. It should be noted that while most houses will eventually sell at or near their original purchase price due to competition among buyers, there are occasions where houses may sell at a higher or lower price due to various factors such as location or condition (for example: if there has been recent construction activity nearby).
Zipcode | Population | Density | Timezone | Latitude | Longitude | City | County | State |
---|---|---|---|---|---|---|---|---|
12010 | 28,152 | 83.2 | America/New_York | 42.93797 | -74.17386 | Amsterdam | Montgomery County | New York |
12070 | 1,669 | 52.6 | America/New_York | 42.98469 | -74.25387 | Fort Johnson | Montgomery County | New York |
12177 | 281 | 176.2 | America/New_York | 42.95100 | -74.28714 | Tribes Hill | Montgomery County | New York |
12069 | 203 | 137.8 | America/New_York | 42.94514 | -74.27897 | Fort Hunter | Montgomery County | New York |