90620, Buena Park, CA

The home equity and home prices in the 90620 zip code of Buena Park, CA are very high. The median home value in this zip code is $527,000, which is more than double the California median home value of $178,500. Additionally, the percentage of homes in this zip code that are worth more than $1 million is significantly higher than the statewide percentage of homes that are worth more than $1 million at 2.8%.

One reason for the high home values and percentage of homes that are worth more than $1 million in this zip code is likely due to its proximity to Los Angeles. The 90620 zip code includes parts of both Los Angeles and Orange counties, which have a large population and a high demand for housing. Additionally, Buena Park has been growing rapidly over the past few years and may be experiencing some inflationary pressure as a result.

Despite the high values and percentage of homes that are worth more than $1 million in this zip code, there may still be opportunities for buyers who are looking for a bargain. For example, there are a number of neighborhoods within this zip code that have seen their home values decline over the past few years. In addition, there may be opportunities to purchase recently built or remodeled homes in this area if you're willing to wait awhile for your desired property to come up for sale.