90232, Culver City, CA

Culver City, CA is located in the Los Angeles metropolitan area. The 90232 zip code covers a total area of approximately 5.5 square miles. According to the 2010 census, the population of Culver City was 89,711. The median household income in the 90232 zip code was $107,814. Home prices in Culver City have increased significantly over the past several years and are now among some of the highest in Los Angeles County.

The average home price in Culver City was $514,000 as of September 2016. This represents an increase of 116% from January 2009 when the average home price was $269,000. In September 2016 there were a total of 36 active listings for homes in the 90232 zip code and an estimated inventory of only 10-15 homes available for sale. This indicates that there is strong demand for housing in Culver City and that buyers are willing to pay high prices for properties in this area.

One reason why home prices have increased so much in Culver City is because there is a limited supply of properties available for purchase. The city has seen significant growth over the past few years and as a result there are not enough new homes being built to meet demand from buyers. Additionally, many homeowners who originally bought their homes decades ago may be able to sell their property at a higher price than what they paid for it due to inflationary trends over that time period.

Despite these high home prices, it is important to keep in mind that not all areas within Culver City are experiencing similar levels of appreciation . In fact, some neighborhoods have seen little or no increase in home values while others have seen values increase by much more than 100%. It is important to research specific neighborhoods before making any decisions about purchasing a property here because appreciation rates can vary greatly depending on where you live within this city limits