91913, Chula Vista, CA

The Chula Vista zip code 91913 has a population of around 217,000 people and is located in San Diego County. The median home value in the zip code is $282,000 which is significantly higher than the national median home value of $177,500. The percentage of homes in the zip code that are owned by individuals is around 58% while the percentage that are owned by institutions is around 42%. Around 36% of homes in the zip code are occupied by renters.

There has been a significant increase in home values over the past few years in Chula Vista. In 2013, the median home value was $269,000 which increased to $282,000 in 2016. This increase can likely be attributed to a number of factors including an improving economy and low interest rates. It should be noted that there has been a slight decrease in home values since 2017 but this may be due to recent market fluctuations rather than any long-term trends.

Home equity plays an important role in many people's lives and can provide them with stability and financial security during difficult times. Home equity can also be used as a source of funding for various investments such as purchasing a new car or investing in property or stocks. Home prices reflect both the demand for and supply of homes available for sale as well as other economic factors such as interest rates and inflation. Over time, if there are more homes being built than are being sold then prices will go down while if there are more homes being sold than are being built then prices will go up.