90732, San Pedro, CA

The San Pedro zip code of 90732 has a median home value of $224,000 and a median home equity value of $141,000. These values are significantly higher than the California statewide median home value of $181,500 and the national median home equity value of $177,200. The high home values in the San Pedro zip code may be attributable to its proximity to Los Angeles and its large population of affluent residents.

Despite the high home values in the San Pedro zip code, there is evidence that prices are not immune to market fluctuations. The average monthly mortgage payment for homes in this zip code is $1,836 which is above the statewide average mortgage payment of $1,621 but below the national average mortgage payment of $2,083. This indicates that even though homeowners in this zip code enjoy high levels of equity in their homes, they may face challenges if interest rates rise or if they need to sell their homes for financial reasons.