12975, Port Kent, NY

The 12975 zip code of Port Kent, NY is located on the eastern shore of Long Island and includes a mix of suburban and rural areas. The median home value in this zip code was $269,000 as of September 2017, which is above the statewide median home value of $222,500. Home equity in this zip code has increased significantly over the past few years, with the average home equity balance increasing by almost $100,000 since 2016. This increase can likely be attributed to strong economic conditions and low interest rates.

While home equity is important for many homeowners, it can also be a source of financial vulnerability if there are unexpected expenses or if the market crashes. For these reasons, it is important to carefully manage your home equity so that you are not at risk if conditions change.