14722, Chautauqua, NY

There are a number of factors that affect home prices in any given area, but the 14722 zip code of Chautauqua, NY is no exception. The most important factors include the availability of homes for sale, recent trends in home values and interest rates, and local economic conditions.

The 14722 zip code is located in western New York State and includes the towns of Chautauqua and Dunkirk. According to the 2010 census, the population of this area was 18,811. The median household income was $60,724 and the median family income was $71,429. In terms of housing costs, Chautauqua is generally considered to be a relatively affordable community compared to other areas in New York State. As of September 2015 there were 1,527 homes for sale in the 14722 zip code and the average list price was $224,500. This represents an 8% increase over the previous year and a 13% increase over the year prior to that. Interest rates have also been relatively stable over recent years; as of September 2015 interest rates were 4%.

Despite these positive trends it's important to keep in mind that home prices can vary significantly from one area to another within a state or even within a single city. Additionally, there are many factors that can influence home values including location (close to major transportation hubs or schools), size (luxurious or modest), condition (new construction vs pre-owned), amenities (pools or garages), and neighborhood character (high crime rate vs peaceful). So while it's definitely worth doing your research before making any decisions about buying a home in Chautauqua or anywhere else for that matter it's always best not to rely solely on market data when making decisions about purchasing property.