90263, Malibu, CA

Home Equity and Home Prices in the 90263 Zip Code of Malibu, CA

The home equity and home prices in the 90263 zip code of Malibu, CA are very high. The median home value in this zip code is $2,851,000. This is a significantly higher value than the national median home value of $177,500. The average home equity balance in this zip code is $1,521,000. This is also a significantly higher value than the national average home equity balance of $142,200. These high values reflect the strong demand for homes in this area.

There are a number of factors that contribute to the high values in this zip code. First, there is a large concentration of expensive homes here. Second, there is a high demand for homes due to the excellent quality of life and amenities available in Malibu. Third, there are few competing buyers for these expensive homes due to restrictive zoning laws and limited availability. Finally, many homeowners have taken advantage of low interest rates over the past few years to increase their equity holdings even further.