12736, Fremont Center, NY

The 12736 zip code of Fremont Center, NY has a population of about 9,000 people. The median household income in this zip code is about $75,000. The median home value in this zip code is about $225,000.

There are a lot of factors that affect home prices and home equity in the 12736 zip code of Fremont Center, NY. Some of the factors that influence home prices include interest rates, supply and demand, and local economic conditions. Home equity is also affected by whether or not a homeowner has taken out any loans against their home equity.

The average interest rate on mortgages in the 12736 zip code of Fremont Center, NY is about 4%. This means that it would take approximately 40 years for the average homeowner to pay off their mortgage using only their monthly payments and interest rates at 4%. However, if a homeowner takes out a loan against their home equity (i.e., they borrow money from a lender), then they will have to pay back that loan with interest over time. The average interest rate on loans taken out against home equity in the 12736 zip code of Fremont Center, NY is about 5%. So it would take approximately 25 years for the average homeowner to pay off their loan using only their monthly payments and interest rates at 5%.