12850, Middle Grove, NY

Home Equity and Home Prices in the 12850 Zip Code of Middle Grove, NY

The 12850 zip code of Middle Grove, NY has a median home value of $187,000. This is a decrease from the previous year when the median home value was $191,000. The decrease in home values may be due to lower demand for homes in this zip code or because of stricter lending criteria by banks.

Despite the decrease in home values, there are still many homeowners who are able to benefit from their equity in their homes. In fact, according to Zillow’s 2018 Home Value Report, 78% of homeowners in this zip code were able to increase their home value over the past year.

Additionally, despite the current market conditions, there are still many homeowners who are able to purchase a new home within their budget range. According to Trulia’s 2018 Cost Of Living Index report for ZIP codes within 50 miles of Albany (12850), Middle Grove ranks as #5 out of 10 ZIP codes with an index score above 100%. This means that while prices have increased somewhat since 2017 (when it ranked #4), it is still possible to find a house that meets your needs and budget within this area.