92116, San Diego, CA

The 92116 zip code of San Diego, CA has a median home value of $269,000 and a median home equity value of $144,000. The 92116 zip code is one of the most expensive zip codes in the San Diego area. The average home price in the 92116 zip code has increased by over 20% since 2007. Over the past five years, the 92116 zip code has seen an increase in both home values and home equity values.

There are many factors that contribute to the high prices in the 92116 zip code. One reason is that there are a lot of wealthy people living in this area. Another reason is that there are a lot of new homes being built in this area. Finally, there is a lot of demand for housing in this area because it is close to many popular attractions such as Sea World and Disneyland.

Despite the high prices, some people are still buying or renting homes in the 92116 zip code. This indicates that there is still strong demand for housing in this area despite the increasing prices. In addition, there may be some opportunities to buy or rent homes at lower prices if you are willing to wait for a few years.