92308, Apple Valley, CA

Apple Valley, CA is located in the San Bernardino County and has a population of over 100,000 people. The 92308 zip code has a median home value of $269,500 and a median household income of $101,000. Home equity is important to many people in Apple Valley because it allows them to use their home as collateral for loans or to purchase other investments.

The average home value in the 92308 zip code increased by 7% from 2016 to 2017. This increase was primarily due to an increase in prices for single-family homes (up 10%), while prices for condominiums and townhomes remained relatively stable. The average price per square foot increased by 5%, indicating that demand for housing is strong in the 92308 zip code.

Home equity is also important because it provides homeowners with an opportunity to use their home as security for loans or to purchase other investments. In Apple Valley, 69% of households have at least one item of equity tied up in their homes, which indicates that homeowners are very confident about the long-term stability of the market and the value of their homes.