13903, Binghamton, NY

Home Equity and Home Prices in the 13903 Zip Code of Binghamton, NY

The 13903 zip code of Binghamton, NY has a median home value of $137,500 and a median home equity value of $101,000. These values are higher than the statewide median home value of $116,600 and the national median home equity value of $103,700. The 13903 zip code is also above the New York City median home value of $104,900.

There are a number of factors that may contribute to these high values in the 13903 zip code. The population in this area is relatively young and affluent, which may account for some portion of the increased values. Additionally, there is strong demand for housing in this area due to its proximity to both Cornell University and Ithaca College. Finally, there are limited opportunities for growth within this zip code due to its small size and limited land resources. As a result, homes here tend to be more expensive than similar homes in other areas.