12545, Millbrook, NY

Millbrook, New York is located in the 12545 zip code. According to the 2010 census, the population of Millbrook was 2,811. The median household income in Millbrook was $111,914. Home prices in the 12545 zip code have increased significantly over the past few years. In January of 2016, the median home price was $1,049,000. This is a 157% increase from January of 2006 when the median home price was $269,000.

There are many factors that contribute to home prices increasing in a particular area. Some of these factors include: increased demand due to an influx of new residents or businesses; limited supply due to zoning restrictions or other factors; and improvements made to a property such as new construction or remodeling.

In terms of home equity, homeowners in Millbrook have seen significant increases in their overall net worth over time. In January of 2016, homeowners' net worth was estimated at $527,000 on average - a 157% increase from 2006 when it was estimated at $188,000 on average (source: Zillow). This indicates that homeowners in Millbrook are doing well financially and are able to invest more money into their homes over time which contributes to further increases in home prices.

Home prices vary greatly depending on location within a given zip code and can be affected by many different factors including market conditions (e.g., interest rates), local government regulations (e.g., zoning laws), and historical trends (e.g., inflation). As such it is important for potential buyers and sellers to do their homework before making any decisions about purchasing or selling a property in this area - consult with an experienced real estate agent if you need help doing this!