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These days, finding an affordable place to live in the 12407 area can be challenging. Home prices in 12407 are now at a median cost of $247,300, lower than the New York average of $610,895.
The average cost of rent is $1,140/mo in 12407, primarily driven by the current value of real estate in the 12407 area. In 12407, 20.00% of households rent, and 78.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 12407 is $5,799 per month. Households that rent pay about 19.66% of their income on rent here. 12407’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 12468, NY: equally priced homes
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- 12439, NY: higher priced homes
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- 12434, NY: equally priced homes
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Zip Codes with Similar Populations
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