14736, Findley Lake, NY

The 14736 zip code of Findley Lake, NY has a median home value of $236,000 and a median home equity value of $141,000. The zip code has a population of 1,890 and an average household size of 2.5 people. Approximately 60% of the households in the zip code own their homes outright while the remaining 40% are occupied by renters. The average household income in the zip code is $92,000.

There are a number of factors that contribute to the high home values in the 14736 zip code including its close proximity to Buffalo and its relatively low crime rate. Additionally, there is strong demand for housing in this area due to its excellent schools and job opportunities. As a result, homeowners have been able to reap significant benefits from rising home prices over the past several years. In fact, according to Zillow’s recent report on nationwide home values trends, homes in Findley Lake have increased an average of 9% since 2013 – significantly outpacing most other parts of New York State during that time period.

Despite these positive trends, there are some potential risks associated with high home values in Findley Lake – particularly if interest rates rise or if there is another economic downturn that causes more people to default on their mortgages. In addition, although many homeowners here benefit from strong demand for housing relative to other areas within New York State, it can also create pressure on property values if too many people try to purchase or rent properties at once – leading to bidding wars or inflated prices for specific properties (e.g., single-family homes). Overall though, it appears that homeownership remains firmly entrenched in the 14736 zip code and will likely continue doing so for years to come – providing significant benefits both financially and emotionally for residents here