92243, El Centro, CA

The 92243 zip code of El Centro, CA has a median home value of $129,000 and a median home equity value of $101,000. These values are lower than the statewide median home value of $217,500 and statewide median home equity value of $146,200. The 92243 zip code also has a lower than average percentage of homeowners with mortgages at 69%. This is higher than the statewide percentage of homeowners with mortgages at 62%.

There are several factors that may contribute to the lower home values in the 92243 zip code. One reason may be that this area is not as affluent as other parts of California. Additionally, there may be less demand for homes in this area because it is located near the Mexico border. Finally, El Centro has been experiencing economic decline for many years and this could have an impact on property values.