90621, Buena Park, CA

The 90621 zip code of Buena Park, CA has a population of about 210,000 people and a median household income of about $72,000. The home equity in this zip code is around $527,000 and the home prices are around $269,000.

There are a lot of factors that go into the home equity and home prices in any given zip code. Some of the factors that can affect these values include: the amount of available inventory, interest rates, local economic conditions, and demographics (such as age and race).

In general, it's safe to say that homes in more affluent neighborhoods tend to have higher home equity values than homes in less affluent neighborhoods. This is likely due to several factors: firstly, wealthier homeowners may be able to afford larger mortgages than poorer homeowners; secondly, wealthier homeowners may be more likely to have invested in their homes (e.g., by adding features like decks or pools) which can increase their value; and finally, wealthier homeowners may be more likely to sell their homes at higher prices than poorer homeowners.

Interestingly enough, there is some evidence to suggest that home equity values tend to decline over time – this phenomenon is known as "the housing market cycle." This happens because there are usually several cycles throughout the course of a housing market – for example: an upcycle (when prices are increasing), a bubble (when prices are rising rapidly but eventually reach an unsustainable level), and a bust (when prices fall significantly). As long as there is sufficient demand for houses (and no major changes in the economy or in the overall market conditions), it's generally normal for house values to go up and down over time. However, if there is too much demand for houses – e.g., during an upcycle – then house values will become inflated beyond what they're actually worth. And if there's too little demand for houses – e.g., during a bust – then house values will decline significantly below their true value.