14891, Watkins Glen, NY

Home equity is the difference between what a homeowner owes on their home and the value of their home. Home prices are the price at which homes are sold in an area.

In the 14891 zip code of Watkins Glen, NY, home equity is $128,000 and home prices are $269,000. This means that homeowners have a net worth of $157,000. This is lower than the statewide average of $236,500 but higher than the national average of $146,200.

There are several factors that could contribute to this discrepancy. One reason may be that Watkins Glen is a smaller town with fewer opportunities for growth or investment opportunities. Another possibility is that there may be more expensive homes available in this zip code because it is located in a desirable location.

Regardless of the reasons, it appears that homeowners in this zip code have less equity than those in other areas across New York State and nationwide.