13029, Brewerton, NY

Brewerton, NY is located in Wayne County and has a population of just over 10,000. The 13029 zip code covers a total area of just under 2 square miles and has a median home value of $128,000. Home equity in the Brewerton zip code has been on the rise for the past few years, increasing by an average of 7% each year. This growth can be attributed to several factors:

1) The local economy is doing well overall- this can lead to more people wanting to buy or sell homes, as well as raising demand for housing.

2) Low interest rates- due to low interest rates, homeowners are able to borrow money against their home equity and use that money to purchase other assets (such as stocks or cars). As long as the economy remains strong, this trend will continue.

3) Increased access to credit- since 2007 there has been an increase in access to credit (both traditional and nontraditional sources), which has helped fuel the growth in home equity values.