12823, Cossayuna, NY

Home equity is the value of a home minus any outstanding mortgages or other liens on the property. In general, home equity increases over time as the mortgage balance decreases and the home's value increases. Home prices are determined by a number of factors, including local market conditions, interest rates, and availability of homes for sale.

According to Zillow, the median home value in Cossayuna was $194,200 in January 2019. This represents an increase of 5% from January 2018 and a decrease of 2% from January 2017. The average price per square foot was $128 in January 2019. This represents an increase of 3% from January 2018 and a decrease of 1% from January 2017.

The 12823 zip code has seen steady growth in home values over the past few years. In fact, it ranks as one of the top 10 zip codes in New York State for year-over-year growth according to Zillow's data (see table below). This strong performance is likely due to strong local market conditions and low interest rates across all markets nationwide at this time. As interest rates rise or market conditions change, it is possible that some zip codes will outperform others and Cossayuna may be one such area. However, at this point there is no clear indication that this is happening yet - so investors should continue to monitor local market conditions closely!