14813, Belmont, NY

The 14813 zip code of Belmont, NY has a median home value of $269,000 and a median home equity value of $119,000. The zip code is located in the Western New York region and has a population of approximately 10,000.

There are a number of factors that contribute to the high home values in the 14813 zip code. The area is affluent and has a high demand for housing due to its proximity to major cities like Buffalo and Rochester. Additionally, Belmont is an established community with many families who have been living there for generations. This stability contributes to the high home values as well as the low rate of foreclosure activity in the area.

Despite these positive factors, there are some challenges facing homeowners in the 14813 zip code. One issue is that prices have increased significantly faster than incomes over the past few years, which may make it difficult for some people to afford a house on their own. Additionally, there is limited inventory available in the area which can lead to bidding wars when properties come up for sale.