91204, Glendale, CA

The Glendale zip code (91204) has a population of over 213,000 people and a median household income of over $101,000. The home equity in this zip code is at an all-time high, with the average home value reaching $527,500 as of February 2019. This is a significant increase from the previous year when the average home value was $509,100.

There are several factors that have contributed to the increase in home values in Glendale. One reason is that there has been an influx of new residents into the area who are able to afford higher prices due to their higher incomes. Additionally, many homeowners have been able to refinance their homes and obtain lower interest rates which has also helped boost their values.

Despite these positive trends, there are still some areas of concern for homeowners in this zip code. One issue is that there has been an uptick in foreclosure activity within the area which could lead to a decrease in home values down the line. Additionally, while demand for housing remains high overall, it may be difficult for buyers to find properties that meet their needs within this particular zip code due to its high price tag.