13204, Syracuse, NY

The Syracuse, NY zip code 13204 has a population of around 195,000 people and is located in the Central New York region. Home equity is an important part of the American economy and home prices are one indicator of this. In recent years, home equity has become a more important asset for Americans as the stock market has been volatile.

According to Zillow, the median home value in Syracuse was $151,200 in January 2018. This is up from $139,700 in January 2017 and $128,600 in January 2016. The increase in home values can be attributed to several factors including low interest rates and increased demand for housing due to population growth.

While home values have increased over the past few years, they are still below their pre-recession levels. The Zillow Home Value Index shows that the median home value in Syracuse was $191,200 as of March 2018 which is above the pre-recession level but still below where it was before the recession (in December 2007).

Home equity is an important part of many Americans’ lives because it provides them with a cushion against economic downturns and allows them to invest their money elsewhere. In addition, homeownership rates have been declining over time which means that there are more homes available for sale than there are buyers who can afford them. This has led to higher prices for homes and increased competition among buyers which has made buying a house more difficult for those who don’t have access to ample amounts of money or who don’t have enough time to wait for a house to come up for sale.