92626, Costa Mesa, CA

The Costa Mesa zip code 92626 has a population of over 243,000 and is located in Orange County, California. The median home value in this zip code is $527,500 which makes it one of the more expensive zip codes in the area. Home equity is an important part of many people's lives and can be used for a variety of purposes such as paying down debt or investing for future growth.

According to Zillow, the average home value growth rate in the Costa Mesa zip code from January 2017 to January 2018 was 2.1%. This means that homes in this area are worth an average of $527,500 more than they were a year ago. This strong growth trend indicates that there are plenty of opportunities for home buyers and sellers in this area.

One reason why home values have been growing so rapidly in Costa Mesa is because there are a lot of new homes being built here. The number of new homes being constructed has been on the rise for several years now and it seems like this trend will continue into 2019 as well. This influx of new homes means that there are more potential buyers out there looking to purchase a home and also means that prices will continue to go up.

Another factor that has contributed to the high demand for housing in Costa Mesa is the fact that wages have been slowly increasing over the past few years. As wages increase, people are able to afford larger mortgages and buy bigger homes which leads to even higher prices overall. It seems like things are definitely looking good for homeownership prospects in this area!