13752, Delancey, NY

Home equity is the difference between what a homeowner owes on their home and the value of their home. In most cases, homeowners use this equity to finance other purchases or to withdraw cash from their home. Home prices are the price at which homes are sold in a given area. They can be affected by many factors, including interest rates, location, and availability.

According to Zillow, the median home value in Delancey was $269,200 in January 2018. This figure has increased by 5% over the past year and is currently above the statewide median of $255,000. The zip code has seen a slower growth rate than other areas of New York City; however it still ranks as one of the more affordable areas in Manhattan.

The average mortgage rate in Delancey was 4.5% as of January 2018. This is below both statewide averages (5%) and city averages (6%). However, rates can vary significantly based on your credit score and other factors.