12189, Watervliet, NY

The Watervliet, NY 12189 zip code has a population of about 10,000 people. The median household income is about $50,000 and the median home value is about $175,000. Watervliet is a middle class community and the home equity and home prices reflect that.

There are a lot of families in the 12189 zip code that own their homes outright or have mortgages that are less than 100% of the value of their homes. There are also a lot of families that have taken out second mortgages or home equity loans to increase their equity in their homes.

The average mortgage debt for homes in the 12189 zip code is about $141,500. That's not too bad when you consider that the average price of a house in Watervliet is only about $175,000. In fact, if you can get a good mortgage rate and keep your payments low, you can actually make money buying a house in Watervliet!

There are also a lot of people who have bought houses in Watervliet over the past few years because they believe that prices will continue to rise. So far, so good! The average price of houses has increased by almost 20% since 2012. That means that if you buy a house now, you're likely going to be able to sell it for more than you paid for it within 5-7 years!