92129, San Diego, CA

The 92129 zip code of San Diego, CA has a median home value of $242,000 and a median home equity value of $141,000. The 92129 zip code is located in the North County region of San Diego and has a population of approximately 114,000.

There are a number of factors that contribute to the high home values in the 92129 zip code. First and foremost, the area is highly desirable due to its proximity to both the city and beaches. Additionally, there is strong demand for housing due to an influx of new residents and businesses moving into the area. Finally, there is a limited supply of homes available for purchase which drives up prices.

Despite these high values, homeownership rates in the 92129 zip code are relatively low at just over 60%. This may be attributable to several factors including high prices and limited availability. In addition, many potential homeowners may be unable to afford the required down payment or may not want to take on additional debt obligations associated with owning a home.

Overall, it appears that home equity and home prices in the 92129 zip code are very stable and likely won’t experience any dramatic changes over time. While this may not be ideal for those looking for rapid appreciation in their property values, it seems likely that homeowners will continue to enjoy strong returns on their investments over time