12157, Schoharie, NY

The Schoharie zip code 12157 has a population of just over 10,000 people and is located in the northeast part of the state. The median household income in this zip code is just over $60,000, which is higher than the statewide median household income of $55,046. However, home prices in this zip code are much lower than the statewide median home price of $230,000. In fact, according to Zillow’s recent report on ZIP codes with lower home prices than the statewide median price, Schoharie’s 12157 zip code ranks as the fifth lowest home price ZIP code in New York State.

One reason why home prices in this zip code are so low is that Schoharie is located in a rural area and there are not many homes for sale here. Additionally, many people who live in this area are seniors or have low incomes and do not have enough money to buy a house outright. So instead of buying a house outright, they may choose to rent an apartment or stay put until they can afford to buy a house.

Despite these factors, there are still some homes for sale in Schoharie’s 12157 zip code and if you are looking for an affordable place to live while you save up for a down payment on a house, this might be your best option.