90045, Los Angeles, CA

Home Equity and Home Prices in the 90045 Zip Code of Los Angeles, CA

The zip code of 90045 in Los Angeles, California has a median home value of $527,000. This is higher than the statewide median home value of $424,500. The 90045 zip code also has a median home equity value of $236,000 which is higher than the statewide median home equity value of $146,700.

There are a number of factors that contribute to the high values in this zip code. One reason is that there are more affluent residents living in this area. Additionally, many homes in this area were built between 1990 and 2000 which means they are newer and have higher values.

Despite these high values, there are still some homes for sale in the 90045 zip code that have lower prices than average. This may be because they are older or located in less desirable areas.

Overall, it is clear that homeownership rates and home equity values are high in the 90045 zip code of Los Angeles. This may be an indication that people here are confident about their financial situation and feel secure about their homes