13034, Cayuga, NY

The 13034 zip code of Cayuga, NY has a median home value of $119,000 and a median home equity value of $101,000. This is significantly lower than the statewide median home value of $247,500 and statewide median home equity value of $142,700. The 13034 zip code also has a significantly lower than the national median home value of $177,200 and national median home equity value of $130,100.

There are several factors that may contribute to the low values in the 13034 zip code. First, Cayuga is located in Upstate New York which is generally considered to be a less desirable area to live in compared to other parts of the country. Second, Cayuga has been experiencing an economic recession for much of the past decade which may have caused many people to default on their mortgages or sell their homes at a loss. Finally, there are relatively few homes available for sale in the 13034 zip code which may make it difficult for buyers to find a suitable property at an affordable price.