12190, Wells, NY

The Wells zip code 12190 has a median home value of $137,500 and a median home equity of $112,000. This means that the majority of homes in this zip code are worth more than their original purchase price. In addition, Wells is one of the most expensive zip codes in New York State.

There are several factors that contribute to the high home values in Wells. First, the area is affluent and has a high concentration of wealthy residents. Second, there is a strong demand for housing in Wells due to its proximity to major cities and businesses. Finally, Wells is an established community with many families who have been living there for generations. These factors have led to increased demand for housing and higher home values over time.

Despite the high prices in Wells, there are still opportunities for buyers who are interested in purchasing a home here. The area has plenty of affordable homes available, and prices have been slowly increasing over time rather than decreasing like they have in some other areas around New York City. Additionally, Wells has excellent schools and plenty of amenities including shopping centers and recreational facilities.