92278, Twentynine Palms, CA

The home equity and home prices in the 92278 zip code of Twentynine Palms, CA are reflective of the general trend in the area. Over the past five years, home values have increased by an average of 5.5%. This is significantly higher than the statewide average increase of 2.4%. The median home value in this zip code is $197,000, which is significantly higher than both the statewide median and national median home value of $161,600.

The primary drivers of this increase are likely attributable to a number of factors including population growth (particularly among younger adults), low interest rates, and limited supply within desirable neighborhoods. While there may be some localized fluctuations due to specific market conditions (e.g., a downturn in the housing market due to a recession or high levels of foreclosure activity), over time these trends tend to lead to larger increases in home values across most areas within California.