14226, Buffalo, NY

The 14226 zip code of Buffalo, NY has a median home value of $101,000. This is a decrease from the median home value of $118,500 in 2007. The decrease in home values can be attributed to a number of factors including low interest rates and increased competition for homes.

Despite the decreasing home values, there are still many homeowners in the 14226 zip code who are benefiting from their equity in their homes. Homeowners who have maintained their homes over the past few years have seen an increase in their property values as well as an increase in their monthly mortgage payments.

While homeownership rates are lower in the 14226 zip code than they were 10 or 15 years ago, there is still a high demand for housing within this area. This demand has led to an increase in home prices and a corresponding increase in homeowner equity.