12583, Tivoli, NY

The 12583 zip code of Tivoli, NY has a median home value of $236,000 and a median home equity value of $174,000. The 12583 zip code is located in the Hudson Valley region of New York and has a population of approximately 2,500.

There are a number of factors that may contribute to the high home values in the 12583 zip code. The area is affluent and has many well-educated residents who are able to afford homes in desirable areas. Additionally, there is strong demand for housing due to the close proximity to major cities like Albany and New York City. Finally, the market conditions in the 12583 zip code are favourable - there is low unemployment and steady growth in both residential and commercial real estate prices.

Despite these positive factors, there are some potential risks that could affect home values in the 12583 zip code. For example, if interest rates increase or if there is a downturn in the economy, homeowners could find it harder to sell their homes at current prices. Additionally, although Tivoli is an affluent area with few vacant homes available for sale, if more people move into the neighbourhood or if development projects cause an increase in traffic congestion, prices could decrease.