13080, Jordan, NY

Home Equity and Home Prices in the 13080 Zip Code of Jordan, NY

Jordan is a small town located in the 13080 zip code of New York. The 13080 zip code has a population of just over 2,000 people and is home to a variety of businesses and industries. The median household income in the 13080 zip code is just over $60,000 per year, which is lower than the statewide median household income of $70,000. However, this lower median income may be due to the fact that there are a higher percentage of families living below the poverty line in the 13080 zip code than statewide. In addition, there are also a higher percentage of single-parent households living in the 13080 zip code than statewide.

The average home value in the 13080 zip code is just under $130,000. This low home value may be due to several factors including: 1) low population density; 2) limited number of homes for sale; and 3) high demand for housing relative to available inventory. In addition, many homes in Jordan are owned by retirees or people who are not actively looking for new housing opportunities. As such, these homes tend to remain unsold for extended periods of time which drives down home values. Finally, Jordan residents may face challenges when trying to sell their homes because they do not have access to traditional financing options like mortgages or HELOCs (home equity lines of credit). As such, many homeowners must rely on selling their homes at below market prices through methods like private sales or short sales.