12405, Acra, NY

The 12405 zip code of Acra, NY has a median home value of $236,000 and a median home equity value of $166,000. This is higher than the statewide median home value of $179,500 and the national median home equity value of $177,200. The 12405 zip code also has a lower than average percentage of homeowners with negative equity (less than 20% of homes have less than 20% equity) at just 7%. This is lower than the statewide percentage of homeowners with negative equity (10%) and the national percentage (13%).

There are several factors that may contribute to these high home values in the 12405 zip code. First, Acra is located in one of the most affluent counties in New York State. Second, there are relatively few homes for sale in this zip code which may lead to increased demand and higher prices. Finally, many homeowners in this zip code have invested heavily in their homes over time which may give them more equity and make it harder for them to sell if they want to move.