14113, North Java, NY

Home Equity and Home Prices in the 14113 Zip Code of North Java, NY

The 14113 zip code of North Java, NY has a median home value of $167,000. This is significantly lower than the statewide median home value of $269,500. The reason for this discrepancy is likely due to the low population density in this zip code. Additionally, there are a large number of homes that are vacant or unoccupied which also contributes to the lower home values.

Despite these factors, there are still a few homeowners in the 14113 zip code who have amassed significant equity in their homes. For example, one homeowner purchased their home for $10,000 in 1978 and has since increased its value by over 250%. In total, this homeowner has accumulated over $260,000 in equity in their home!

While it is certainly possible for homeowners to accumulate significant equity in their homes within the confines of this zip code, it is important to keep in mind that market conditions can change quickly and unexpectedly. If you are thinking about purchasing a home within the 14113 zip code be sure to consult with an experienced real estate agent who can provide you with accurate information about current market conditions.