91210, Glendale, CA

The Glendale zip code, 91210, has a population of over 213,000 people and a median household income of over $86,000. Home prices in the Glendale zip code have increased significantly in recent years, reaching an all-time high of over $1 million in 2017. The reason for this increase is likely due to the strong economy and low interest rates, as well as the limited supply of homes available for sale in the area.

Despite these positive trends, there are some risks associated with buying a home in the Glendale zip code. One risk is that prices could decline if interest rates rise or if there are more homes available for sale. Another risk is that home values could fall if there is a housing market crash or if the local economy weakens. Overall, though, homeownership rates in Glendale are high and home prices are rising rapidly, so it would be wise to do your research before making any decisions about buying a home in this area.