91803, Alhambra, CA

The 91803 zip code of Alhambra, CA has a median home value of $527,000 and a median home equity value of $266,000. These values are relatively high when compared to other zip codes in the Los Angeles metropolitan area. The reason for this is likely due to the presence of prestigious schools in the area, such as Alhambra High School and Alhambra Valley College. Additionally, the city has a high percentage of single-family homes, which tends to increase home values.

Despite these factors, there have been some decreases in home values over the past few years. This may be due to increased competition from other areas in Los Angeles or a general slowdown in the economy. Regardless, it is important to keep in mind that home equity is still one of the most important assets that homeowners can have. This means that even if prices decrease over time, homeowners will still be able to sell their homes for a significant amount of money.