91710, Chino, CA

The Chino, CA 91710 zip code has a population of over 134,000 people and a median home value of $247,500. The average home equity in the 91710 zip code is $128,600. Home prices have increased by an average of 5.5% annually since 2007. In addition to the overall increase in home values, there has been a significant increase in the amount of home equity available to residents in the 91710 zip code. In 2007, the median home equity was $111,200; by 2016 this had increased to $128,600. This indicates that more residents are able to access and use their home equity for various purposes such as purchasing additional property or taking out loans for larger purchases.

One reason for the increase in home values is that Chino is a growing city with many new developments being built. Additionally, many homeowners have been able to refinance their homes and obtain lower interest rates which has helped to boost their overall value. Another factor contributing to the increase in home values is that Chino has seen relatively low levels of foreclosure activity compared to other cities across California; this has led to more homeowners having stability in their housing market and increased confidence among buyers and sellers alike.