12750, Kenoza Lake, NY

The 12750 zip code of Kenoza Lake, NY is located in the Finger Lakes region of New York. The median home value in this zip code is $187,500 and the median home equity value is $128,000. This indicates that there are a majority of homes in this zip code that are valued at more than their original purchase price. Additionally, the average home size in this zip code is 2 bedrooms and 1 bathroom. This indicates that most homeowners in this zip code prefer smaller homes that fit their needs and lifestyle.

One reason why homeowners may be able to afford to buy homes in the 12750 zip code for more than their original purchase price is because of the strong economy that has been present throughout much of the United States over the past few years. Home values have increased significantly as a result, which has allowed many people who may not have been able to afford a home before to become homeowners. Additionally, many people who were already homeowners may have seen their home equity values increase as well due to low interest rates and stable economic conditions. As a result, it seems likely that homeownership rates will continue to rise in this area over time as more people are able to become buyers and see significant increases in their home equity values.