90272, Pacific Palisades, CA

The Pacific Palisades zip code of 90272 has a median home value of $2,851,000 and a median home equity value of $1,569,000. The Pacific Palisades area is one of the wealthiest zip codes in the United States. The average household income in the 90272 zip code is $207,500.

Pacific Palisades is located on the west side of Los Angeles County and includes some of the most expensive real estate in California. The area was developed in the 1920s as a resort town and has since become one of the most affluent areas in Los Angeles County. Many wealthy celebrities live in Pacific Palisades including Oprah Winfrey, Steven Spielberg, and Michael Douglas.

The Pacific Palisades area has seen strong growth over the past few years due to increasing demand for luxury homes. In January 2017, there were an average of 2 homes sold per day in Pacific Palisades compared to an average of 1 home sold per day during January 2016. This increase in sales activity indicates that there is strong demand for luxury homes in this area.

Despite strong demand for luxury homes, prices have not increased significantly over the past few years. In fact, prices have actually decreased by 2% since January 2016 which indicates that there is still plenty of room for price growth within this market if desired by buyers or sellers.