Zip Code:

92316, Bloomington, CA

92316 is a California Zip code within the city of Bloomington and the county of San Bernardino County. Its population is roughly 28,704.

The Real Estate Market in the 92316 Zip Code of Bloomington, CA

The home equity and home prices in the 92316 zip code of Bloomington, CA are very high. The median home value in this zip code is $1,527,000 and the median home equity value is $584,000. This makes this zip code one of the most expensive in California. Additionally, the average home price growth in this zip code over the past five years has been 10%. This indicates that there is a lot of demand for homes in this area and that people are willing to pay a high price for them.

One reason why homes in this zip code are so expensive is because they are located near major universities such as UC Berkeley and Stanford University. These universities have a large number of students who are looking for affordable housing close to their schools. Additionally, many businesses located in this area also benefit from the high demand for homes. For example, Google Inc., which is one of the largest technology companies in the world, has its headquarters located in this zip code. Therefore, it is not surprising that there is a lot of demand for homes here and that they are relatively expensive.

Price Index: Riverside-San Bernardino-Ontario, CA

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Buy & Sell Shares of Homes in 92316, Bloomington, CA

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