12845, Lake George, NY

The 12845 zip code of Lake George, NY has a median home value of $236,000 and a median home equity value of $128,000. This is significantly higher than the statewide median home value of $172,500 and the national median home equity value of $142,600. The 12845 zip code also has a significantly higher percentage of homes with values over $300,000 than the statewide or national percentages.

There are several factors that may contribute to the high values in the 12845 zip code. First, Lake George is a popular tourist destination and its population is affluent enough to support high prices. Second, there are many luxury homes in this area which may account for some of the increased values. Finally, there is a limited supply of homes in this area which may lead to increased prices.