13820, Oneonta, NY

The 13820 zip code of Oneonta, NY has a median home value of $128,000 and a median home equity of $101,000. This is significantly lower than the statewide median home value of $269,500 and statewide median home equity of $142,700.

There are several factors that may contribute to the low home values in the 13820 zip code. First, Oneonta is located in Upstate New York which has a below average population density compared to other parts of the state. This means that there are fewer homes for sale and therefore more competition for each one. Second, Oneonta is also located in an economically depressed region of the state which may have contributed to reduced demand for homes and reduced prices. Finally, Oneonta has experienced significant decreases in both its population and its economy over the past few years which may have further decreased demand for homes and increased prices.