12180, Troy, NY

The Troy, NY 12180 zip code has a population of around 97,000 people and is located in the Southern Tier region of New York. The median home value in the zip code is $141,000 and the median home equity value is $106,000. The average household income in the zip code is $59,000.

Home prices in Troy have been on a steady rise for the past few years. In December of 2016, there was a 1% increase in home prices compared to December of 2015. This year so far there has been an increase of 2% in home prices compared to this time last year. Home equity values have also increased by 2% this year so far.

There are many factors that contribute to the rise in home prices and home equity values in Troy. One reason may be that there are more people moving into the area which increases demand for homes and property. Additionally, Troy has seen an influx of new businesses which may lead to an increase in jobs and wages which would also contribute to higher home values. Another factor that contributes to rising home values is low interest rates which make it easier for people to borrow money to buy a house or invest in theirhome equity.