13733, Bainbridge, NY

The 13733 zip code of Bainbridge, NY has a median home value of $191,000 and a median home equity value of $141,000. The average home size in this zip code is 2 bedrooms and 1 bathroom. There are a total of 1,841 homes in the 13733 zip code. The majority (92%) of homes in this zip code are owner-occupied. Home values have increased by 5% since 2013 and by 9% since 2007.

There are several factors that may contribute to the increase in home values in the 13733 zip code over the past few years: an increasing demand for housing due to population growth, low interest rates, and limited supply; improvements made to homes (new construction or updates) which can add value; and strong economic conditions which can lead to more people buying or selling homes.

Despite these positive trends, there are some challenges that could affect home values in the 13733 zip code over the long term: potential increases in interest rates or other costs associated with owning a home such as property taxes or maintenance; potential decreases in demand for housing due to economic conditions or changes in demographics; and possible decreases in the value of nearby properties if they experience significant deterioration.