13421, Oneida, NY

Oneida, New York is located in the northeast corner of the state and has a population of just over 20,000. The 13421 zip code covers a small area in the town of Oneida and has a median household income of just over $60,000. Home prices in this zip code have increased significantly over the past few years, reaching an all-time high of $269,900 in May 2017. This increase is likely due to strong demand from both local and out-of-state buyers.

The average home value in this zip code is now more than double what it was 10 years ago. In fact, according to Zillow’s recent report on ZIP codes with the highest home values in America, Oneida ranks as number one with an average home value of $289,200. This dramatic increase has led to some concerns about affordability for potential buyers and potential displacement of long-time residents by wealthy newcomers.

Despite these concerns, there are many reasons to believe that home prices will continue to rise in this area. First and foremost is the strong demand from both local and out-of-state buyers – evidenced by the fact that homes have been selling quickly even when they don’t meet all of the criteria that might be desirable for someone living locally. Additionally, Oneida is located within close proximity to several major metropolitan areas ( Albany , Syracuse , Rochester ) which means that there is always going to be strong demand for housing near these larger cities. Finally, despite recent increases in interest rates (which would normally dampen housing market activity), prices have continued to rise even as rates have increased modestly overall over the past few years.

While it’s important not to get too carried away by these rising prices – especially given current concerns about affordability – it’s clear that homeownership opportunities are becoming increasingly scarce across much of Upstate New York . If you are looking for a place to call home – or if you are already living here and want to know what your chances are of seeing your property value increase even further – then you should definitely consider looking into purchasing a home in 13421 zip code