92307, Apple Valley, CA

Apple Valley, CA is located in the San Bernardino County and has a population of over 100,000 people. The 92307 zip code has a median home value of $269,500 and a median household income of $93,750. Apple Valley is an affluent community with a high percentage of homeowners.

The majority of homes in the 92307 zip code are owner-occupied. There are also a significant number of homes that are rented. The average length of time that homes have been owned in the 92307 zip code is approximately 7 years. Home values have increased significantly over the past few years, averaging growth rates of 6%. This growth is likely due to strong demand from buyers and limited supply due to stringent zoning regulations in the area.

There has been an increase in home equity within the 92307 zip code as well. Home equity levels have grown by an average of 18% since 2013 which indicates that many homeowners are benefiting from rising home prices. In addition to strong demand from buyers, there is also evidence that rising home prices are supported by low interest rates and increasing wages within the area.