12122, Middleburgh, NY

The 12122 zip code of Middleburgh, NY has a median home value of $224,500 and a median home equity value of $158,000. This is significantly higher than the statewide median home value of $146,200 and the national median home equity value of $142,600. The 12122 zip code also has a significantly higher percentage of homes with a mortgage than the statewide or national percentages: 68% vs. 53% and 61%, respectively.

The 12122 zip code is also considerably more expensive than other nearby zip codes. The median home value in the 12312 zip code (just to the east) is only $190,000 and the median home equity value in that zip code is only $130,000. Similarly, the median home values in both 12401 (to the south) and 12501 (to the west) are much lower at just over $160,000 and just over $130,000 respectively.

There are several possible explanations for these high prices in the 12122 zip code of Middleburgh. One possibility is that there are more affluent residents living in this area compared to other areas nearby. Another possibility is that there are more expensive homes available for sale in this area than elsewhere around town. It's also possible that there are more expensive homes available for purchase here than elsewhere because there is less competition for them – either because there aren't as many people looking to buy or because they're not able to find what they're looking for within their budget range.

Whatever the reasons may be – high prices or not – it's clear that homeownership rates in this area are high and likely indicative of strong demand for property ownership within this community. If you're thinking about buying a house in Middleburgh – or anywhere else around New York State – be sure to do your research first so you can make an informed decision about whether or not it's worth your investment!