91307, West Hills, CA

The 91307 zip code of West Hills, CA has a median home value of $1,191,000 and a median home equity value of $848,000. These values are significantly higher than the California statewide median home value of $478,500 and the national median home equity value of $177,200. The high home values in the 91307 zip code may be attributable to several factors including:

-The high concentration of affluent residents in West Hills

-The proximity to prestigious schools and universities such as UCLA and UC Irvine

-The strong economy in California

Despite the high home values, homeowners in the 91307 zip code have considerable equity in their homes. Homeowners in this zip code have an average net worth (the total value of a homeowner's assets minus their liabilities) of $848,000 which is much higher than the statewide average net worth of $241,100 and the national average net worth of $141,400. This indicates that homeowners in West Hills are able to borrow against their homes at relatively low interest rates which allows them to maintain a substantial degree of ownership over their homes.