90245, El Segundo, CA

The 90245 zip code of El Segundo, CA has a median home value of $1,099,000 and a median home equity value of $464,000. The city has a population of about 120,000 people and is located in the Los Angeles metropolitan area.

There are a number of factors that affect home prices in any given area. In the 90245 zip code, there are several factors that may have an impact on home prices:

-The availability and quality of housing: This is obviously one major factor that affects home prices. If there are not enough homes available for sale or if the quality of those homes is not good, then buyers may be less likely to purchase a house in that area.

-The economy: Another major factor that affects home prices is the economy. If the economy is weak and people are losing their jobs, they may be less likely to spend money on things like houses or cars. This could lead to lower demand for houses in an area and therefore lower prices.

-Local politics: Local politics can also have an impact on house prices. If there are changes proposed by local officials that could potentially increase taxes or reduce regulations on businesses, this could lead to decreased demand for houses in an area and therefore lower prices.