92610, Foothill Ranch, CA

The 92610 zip code of Foothill Ranch, CA is located in the San Fernando Valley region of Los Angeles County. The median home value in this zip code is $1,062,000 and the median home equity value is $282,500. This means that the majority of homes in this zip code are valued at more than $300,000.

Home prices in the 92610 zip code have been increasing steadily for the past few years. In January of 2016, the median home value was $984,500 and by January of 2018 it had increased to $1,062,000. This increase has been largely due to strong demand from buyers and limited supply of homes available for sale.

There are a number of factors that contribute to increased home values in a given area including population growth, low interest rates and limited inventory. In addition to these general market conditions, there are specific factors that can affect home prices in a particular area such as location (near major transportation hubs or schools), size and condition of the property.

Overall, homeownership rates in Foothill Ranch remain high compared to other parts of Los Angeles County. This may be due in part to strong demand for housing stock and relatively low levels of foreclosure activity within this zip code over recent years. As long as there continues to be strong demand for homes within this zip code and limited supply available on the market, prices will continue to rise