13602, Fort Drum, NY

The 13602 zip code of Fort Drum, NY is located in the north-central portion of the state and has a population of approximately 10,000. The median household income in this zip code is $60,000 and the median home value is $236,500. There are a total of 1,527 homes currently for sale in this zip code. The average list price for these homes is $269,900.

Home equity is an important factor for many homeowners and investors alike. Home equity can be used to pay off debt or invest in other assets such as stocks or real estate. In general, home prices tend to rise over time as more people want to buy or invest in homes in the same area. This increase in demand can cause prices to rise faster than inflation, which makes home equity more valuable over time.

According to Zillow’s 2018 Home Value Index report (ZHVI), the average home value increased by 2% nationally from 2017 to 2018 and by 4% from 2016 to 2017. In Fort Drum specifically, ZHVI shows that the average home value increased by 3% from 2017 to 2018 and by 5% from 2016 to 2017. These increases indicate that there is strong demand for homes in Fort Drum and that prices are likely going to continue rising over time.

Given these trends, it’s likely that home values will continue increasing in the 13602 zip code of Fort Drum over the next few years. If you are looking for a place to live or invest in near Fort Drum, now may be a good time to consider buying a home here!