14086, Lancaster, NY

Home Equity and Home Prices in the 14086 Zip Code of Lancaster, NY

The average home equity in the zip code of 14086 is $157,000. This is a decrease from the previous year when the average home equity was $161,000. The median home price in this zip code is $191,500 which is also a decrease from last year when the median home price was $207,500.

There are several factors that could be contributing to these decreases in home equity and home prices. One reason could be that there has been an increase in foreclosures within this zip code. Another reason could be that more people are choosing to sell their homes through short sales or foreclosure auctions instead of using traditional methods such as selling their homes through an agent or going through a bidding process. Whatever the reason may be, it appears that there has been a decrease in both home equity and home prices within this zip code over recent years.