14825, Chemung, NY

The 14825 zip code of Chemung, NY has a median home value of $101,000. This is lower than the statewide median home value of $177,500. The 14825 zip code also has a lower than average percentage of homeowners with equity in their homes (41%). This is likely due to the high rate of foreclosure in this area.

Despite these challenges, there are some homeowners in the 14825 zip code who are doing well. The average home value for owner-occupied homes in this area is $123,000. Additionally, the percentage of owner-occupied homes that have equity is higher than the statewide average (53%). This indicates that some homeowners are able to maintain or increase their home values despite challenging market conditions.