13326, Cooperstown, NY

The 13326 zip code of Cooperstown, NY has a median home value of $225,000. The home equity in this zip code is $174,000. This means that the average homeowner in this zip code has over 50% of their home equity invested in their home. This is a higher percentage than the national average of 34%.

There are a number of factors that contribute to the high home equity in this zip code. One reason is that Cooperstown is a relatively affluent area. The median household income in this zip code is $101,500, which is above the national median of $53,046. Additionally, there are relatively few homes for sale in this zip code, which leads to increased demand and prices for homes.

Another factor that contributes to the high home equity in this zip code is the low rate of foreclosure activity here. In fact, only 2% of all homes here are currently foreclosed on (compared to a national average of 5%). This low foreclosure rate helps keep values high and ensures that homeowners have plenty of security when it comes to their investments in their homes.