90603, Whittier, CA

The 90603 zip code of Whittier, CA has a median home value of $269,000 and a median home equity value of $142,000. The average home price in the 90603 zip code has increased by 5.5% over the past year and has grown by 9.2% over the past five years. Over the past year, there have been a total of 1,859 homes sold in the 90603 zip code. The average sale price for homes in this zip code is $277,500.

Over the past five years, there have been a total of 3,906 homes sold in the 90603 zip code. The average sale price for homes in this zip code is $290,000. In terms of percentage growth, over the past five years this zipcode has seen an increase in home values of 10%. This is higher than both the statewide and national averages which are 6% and 7%, respectively.

There are many factors that contribute to why home values are increasing in this particular area including population growth (the population within this zipcode has increased by 11%), low interest rates (which make borrowing money more affordable), and limited supply (due to zoning restrictions). Additionally, Whittier is located within close proximity to Los Angeles which continues to drive up demand for property within this area.