13601, Watertown, NY

Home Equity and Home Prices in the 13601 Zip Code of Watertown, NY

The 13601 zip code of Watertown, NY has a median home value of $205,000. The home equity for this zip code is $137,000. This means that approximately 58% of the homes in this zip code have more equity than the original purchase price. Additionally, approximately 69% of homes in this zip code are worth more than their mortgage balance. These high levels of home equity indicate that homeowners in the 13601 zip code are doing well financially.

While there are some areas within the 13601 zip code where home values are lower than average, overall it is a very desirable area to live in. This is likely due to its close proximity to major cities like Boston and New York as well as its abundance of amenities and conveniences. In addition to having high levels of home equity and being worth more than their mortgage balance, homeowners in the 13601 zip code also enjoy low rates on mortgages and excellent schools.