12834, Greenwich, NY

Greenwich, NY is located in the Hudson Valley region of New York. The zip code 12834 has a population of approximately 21,000 people. Greenwich is known for its affluent residents and luxury homes. Home prices in the 12834 zip code have increased significantly over the past few years, reaching a median sale price of $1,075,000 in 2016.

The home equity and home prices in the 12834 zip code are reflective of the affluent lifestyle enjoyed by its residents. Many homeowners have used their home equity to purchase additional properties or invest in other ventures. As a result, there is strong demand for property in this area and prices are high relative to other areas of New York.

Despite these high prices, homeownership rates remain high in the 12834 zip code. This indicates that many people are able to afford these expensive homes despite having relatively low incomes. In addition, there is a large number of vacant properties available for purchase which may help to drive down prices over time.