13428, Palatine Bridge, NY

The 13428 zip code of Palatine Bridge, NY has a median home value of $269,000 and a median home equity value of $141,000. This is higher than the statewide median home value of $174,500 and the national median home equity value of $177,200. The 13428 zip code also has a lower than average homeownership rate at just 54%. This is lower than the statewide homeownership rate of 63% and the national homeownership rate of 68%.

There are several factors that may contribute to the high home values in the 13428 zip code. One reason may be that this area is affluent and has a high demand for housing. Another reason may be that there are relatively few homes for sale in this zip code compared to other areas of similar size. Finally, there is likely some speculation involved in the high prices because it can be difficult to buy or sell a house in this area without significant investment.