13063, Fabius, NY

The 13063 zip code of Fabius, NY has a median home value of $137,000 and a median home equity value of $106,000. The zip code has a population of 1,811 and an average household size of 2.5 people. The 13063 zip code is in the Southern Tier region of New York State.

The 13063 zip code has seen an increase in home values over the past five years. In 2013, the median home value was $128,000 and the median home equity value was $98,000. In 2016, the median home value was $137,000 and the median home equity value was $106,000. This indicates that there has been an increase in both the median home values and the median home equity values in this zip code over the past five years.

One factor that may have contributed to this increase in home values is that Fabius is located in a desirable area of New York State. Fabius is located within close proximity to several major cities such as Rochester and Syracuse. These cities are likely attractive to residents because they offer a variety of amenities such as high-quality schools and job opportunities. Additionally, Fabius is located within easy driving distance of many natural attractions such as Lake Ontario and Niagara Falls. These attractions are likely attractive to residents because they offer opportunities for recreation and relaxation.

Another factor that may have contributed to this increase in home values is that there are relatively few homes for sale in the 13063 zip code compared to other areas of New York State. This may be due to factors such as low unemployment rates or limited inventory availability due to restrictive zoning laws or restrictive covenants on property ownership within certain neighborhoods within Fabius. As a result, buyers who are interested in purchasing a homes within this zip code have had more opportunity to do so over the past five years than buyers who were looking into purchasing homes within this zip code five years ago.