12093, Jefferson, NY

Home Equity and Home Prices in the 12093 Zip Code of Jefferson, NY

The 12093 zip code of Jefferson, NY has a median home value of $137,500. This is higher than the statewide median home value of $123,700. The average home value in this zip code is also higher than the national average home value of $177,200. This indicates that there are more expensive homes in this zip code than elsewhere in New York State and nationwide.

The majority (77%) of homes in the 12093 zip code are owner-occupied. This is lower than the statewide percentage (81%) and the national percentage (84%). However, it is higher than the percentage for Jefferson County as a whole (72%). The reason for this discrepancy may be due to the high concentration of expensive homes in this zip code. It is also worth noting that there are more renter-occupied homes in this zip code (23%) than there are owner-occupied homes (17%). This indicates that there may be a greater demand for rental housing within this area compared to other areas within Jefferson County.

There has been an increase in home values over time within the 12093 zip code. Between 1990 and 2000, home values increased by 54%. Between 2000 and 2010, they increased by an additional 43%. Over the past five years alone, they have increased by an additional 25%. This suggests that homeownership rates and prices are increasing faster within this area than elsewhere in New York State or nationwide.