92020, El Cajon, CA

The El Cajon zip code, 92020, has a population of approximately 160,000 people. The median household income in this zip code is $60,000 and the median home value is $227,500.

According to Zillow’s Home Value Index for ZIP Codes in the San Diego metro area, the El Cajon zip code ranks #1 out of all 92020 zip codes with a median home value of $227,500. This means that there is an average of over $100 per square foot of homes in this zip code that are worth more than their mortgage payments. Additionally, Zillow ranks the El Cajon zip code as having the #2 highest percentage increase in home values from one year to the next (5%). This indicates that there is strong demand for homes in this area and that prices are likely to continue to rise.

There are several factors contributing to the high home values in El Cajon. First and foremost is the fact that this area has a high concentration of affluent residents who are able to afford expensive homes. Additionally, El Cajon has seen strong job growth over recent years which has led to increased demand for housing stock. Finally, there is limited supply of homes available for purchase within this ZIP Code which has driven up prices even further.