12993, Westport, NY

Westport, NY is a small town located on Long Island. The population of Westport was 10,828 as of the 2010 census. The median household income in Westport was $101,564 in 2010. Home prices in Westport have increased significantly over the past several years, reaching an all-time high of $1,269,000 in March of 2016.

The 12993 zip code covers a large area including much of Westport as well as parts of East Hampton and Southampton Townships. As of the 2010 census, the zip code had a population density of 1,711 people per square mile (668/km²). The median age in the zip code was 44 years old. There were 4,859 households out of which 33% had children under the age of 18 living with them, 62% were married couples living together, 8% had a female householder with no husband present, and 25% were non-families. 20% of all households were made up of individuals and 7% had someone living alone who was 65 years or older. The average household size was 2.68 and the average family size was 3.14

As mentioned earlier home prices in Westport have been increasing rapidly over recent years reaching an all-time high in March 2016 when they reached $1269000 according to Zillow data This increase has been seen across most markets within ZIP Code 12993 with some exceptions such as Southampton Townships where prices have remained relatively stable over this time period One possible explanation for this trend could be that there is strong demand for housing within ZIP Code 12993 due to its close proximity to both Manhattan and Long Island City which are both highly populated areas Additionally it should be noted that many residents within ZIP Code 12993 commute into Manhattan which could also contribute to higher demand for housing near these larger cities Another possible explanation for this trend could be that interest rates are currently at historic lows which may make purchasing a home more affordable than it has been in previous years For example if you were to purchase a home today using an 80 year mortgage at 4%, instead of 5%, your monthly payment would be approximately $2128 rather than $2250 This decrease may make homeownership more accessible for those who might not have been able to afford it before due to high interest rates Another factor that could contribute to increased home values is that many homes within ZIP Code 12993 are situated on large lots which can accommodate larger homes These large lots can also lead to higher prices when they are sold because they tend to remain unsold for longer periods Of course there are always exceptions and there are still plenty of homes available within ZIP Code 12993 at reasonable prices so if you're looking for property within this area don't hesitate to contact one or more real estate agents In conclusion I think it's safe to say that there is strong demand for housing within ZIP Code 12993 and that this trend will likely continue throughout 2017 and beyond