13438, Remsen, NY

The 13438 zip code of Remsen, NY has a median home value of $128,000. This is lower than the statewide median home value of $177,500. The 13438 zip code also has a lower than average percentage of homeownership at just 58%. This is higher than the statewide homeownership rate of 54%.

One possible explanation for these disparities could be that the 13438 zip code is more rural in nature. This could lead to lower incomes and less access to credit, which could lead to lower home values. Additionally, Remsen may have a smaller population size relative to other areas within New York State, which could also contribute to the low home values in this area.

Despite these disparities, there are still some neighborhoods in the 13438 zip code with high home values. For example, the neighborhood of East Remsen has a median home value of $161,000 and boasts a homeownership rate of over 80%. Conversely, the neighborhood of West Remsen has a median home value of just $92,000 and boasts a homeownership rate below 50%.

Overall, it appears that there is considerable variation in home values within the 13438 zip code. While some neighborhoods have high values while others have low values, all areas within this zipcode are relatively affordable when compared to other areas in New York State.