92405, San Bernardino, CA

The San Bernardino zip code of 92405 has a median home value of $236,000 and a median home equity value of $128,000. These values are relatively high when compared to other zip codes in the area. The average home value in the area is $158,000 and the average home equity value is $89,000.

One reason for the high values in this zip code may be due to its proximity to Los Angeles. Many people who live in this area commute to work in Los Angeles and may be able to afford higher-priced homes because of that. Additionally, many people who live in this area are retired or have large families and may not need as much money saved up for a down payment on a house.

Another factor that could contribute to the high values in this zip code is the fact that it has a low unemployment rate. This could make it more difficult for people who want to buy a house to find one that is available at a reasonable price. In addition, there are not many new homes being built in this area which could also contribute to the high prices.