92078, San Marcos, CA

The 92078 zip code of San Marcos, CA has a median home value of $269,000 and a median home equity value of $151,000. The 92078 zip code has a population of approximately 33,000 people.

Since the housing market crashed in 2008, the 92078 zip code has seen a significant decrease in home values. In January 2009, the median home value was $291,500 and by December 2016 it had decreased to $269,000.

In addition to the decrease in home values, there have been other factors that have contributed to this decline including an increase in interest rates and stricter lending criteria.

Despite these challenges, there are still some homeowners in the 92078 zip code who are seeing positive gains in their home equity values. For example, those who bought their homes within the last three years have seen their equity values increase by an average of 16%.

Overall, while there is evidence that the housing market is declining in the 92078 zip code overall, there are still some homeowners who are benefiting from rising prices and increasing equity values.