12196, West Sand Lake, NY

The 12196 zip code of West Sand Lake, NY is located in the Finger Lakes region of New York. The area has a population of approximately 2,000 and has a median household income of $85,000. Home prices in the zip code have increased by an average of 10% over the past year. The majority of home buyers in this area are purchasing homes for investment purposes.

The primary drivers behind the increase in home prices in this area are strong demand and limited supply. There is a high demand for homes due to the growing population and increasing job opportunities. Additionally, there is a limited number of homes available for sale which has led to an increase in home values.

There are several factors that could potentially lead to a decrease in home values in this area including: an increase in interest rates, decreased demand, or a decrease in the number of available homes for sale. At this point it is difficult to predict which factor will have the most significant impact on home prices.