12449, Lake Katrine, NY

Lake Katrine is located in the Southern Tier region of New York. The zip code 12449 has a population of approximately 2,000 people. Home equity and home prices in the 12449 zip code are both relatively low when compared to other areas of the country.

The average home value in the 12449 zip code is $129,900. This is lower than the national average of $217,500 and the average home value in Western New York State is $145,000. The median home value in the 12449 zip code is also lower than the statewide median of $158,600 and Western New York State's median of $153,100.

There are a number of factors that may contribute to low home values in the 12449 zip code. One reason may be that there are fewer homes for sale than other areas of the country. Additionally, many homes in this area were built before 2000 which may make them less desirable to buyers. Another factor that could contribute to low home values is that Lake Katrine residents tend to be younger and have less money saved up for a down payment on a house.