92014, Del Mar, CA

The 92014 zip code of Del Mar, CA has a median home value of $1,062,000 and a median home equity value of $269,000. The average home size in this zip code is 2,890 square feet. Approximately 45% of homes in this zip code are owner-occupied while 55% are rented. The median household income in this zip code is $187,500.

There has been an increase in the number of homes being purchased in the 92014 zip code over the past five years. In 2012 there were 1,584 homes sold in this zip code while in 2016 there were 1,914 homes sold. This indicates that there is an increase in demand for housing within this area. Additionally, the average price per square foot for homes sold within the 92014 zip code has increased from $159 to $183 over the same time period which also indicates that demand for housing is high within this area.

Despite these positive trends however, it should be noted that prices have not yet reached their peak and could still experience a decrease over time given current market conditions. Additionally, it should be noted that although more people are purchasing homes within this area, there is still a shortage of available housing which could lead to higher prices down the line if no new development projects are undertaken to address this issue.