10924, Goshen, NY

The 10924 zip code of Goshen, New York is located in the Finger Lakes region of upstate New York. The median home value in this zip code is $183,500 and the median home equity is $119,000. This means that approximately 56% of homes in this zip code are worth more than their original purchase price and 44% of homes have some form of home equity.

Home prices in the 10924 zip code have increased significantly over the past few years. In January of 2016, the median home value was $171,500 which had increased by almost $30,000 by December 2017. The average monthly increase during this time period was 2.5%.

There are a number of factors that may be contributing to the increase in home prices in this zip code. One reason may be that there is a high demand for housing in Goshen due to its close proximity to major cities like Rochester and Syracuse as well as its many amenities like golf courses and lakes. Additionally, Goshen has been designated a growth area by both the NYS Department of Economic Development and The Regional Plan Association which could also contribute to increased demand for housing within this area.

Despite these increases, it's important to keep in mind that not all homes within the 10924 zip code are experiencing an increase in value at similar rates; some neighborhoods are seeing values rise much faster than others. It's also important to note that while home equity is an important part of many people's lives, it doesn't guarantee financial security if something were to happen such as a job loss or medical emergency; homeowners should always make sure they have adequate savings available just incase something unexpected happens.