92561, Mountain Center, CA

Home Equity and Home Prices in the 92561 Zip Code of Mountain Center, CA

The home equity and home prices in the 92561 zip code of Mountain Center, CA are very high. The median home value in this zip code is $527,000, which is more than triple the national median home value of $177,500. Additionally, the percentage of homes that are owner-occupied in this zip code is much higher than the national average of 63%. This indicates that many people in this area are able to afford to buy a home even if they do not have a high income.

One reason for the high home values and homeowner rates in this area may be because there are few available properties for sale. The number of homes for sale has decreased by about 10% since 2007, which may be contributing to the increase in prices. Additionally, many people who live in this zip code may be able to afford to buy a home because they have access to good credit or they have saved up a large down payment.