92677, Laguna Niguel, CA

The home equity and home prices in the 92677 zip code of Laguna Niguel, CA are quite high. The median home value in this zip code is $527,000, which is significantly higher than the statewide median home value of $205,000. Additionally, the percentage of homes in this zip code that are worth more than $500,000 is very high at 87%. This indicates that there are a lot of affluent residents in this area.

One reason for the high home values and percentage of homes worth more than $500,000 in this zip code may be due to its location. Laguna Niguel is located in Orange County, one of the most affluent counties in California. Additionally, many wealthy people choose to live near popular tourist destinations like Disneyland or Newport Beach. Therefore, it is not surprising that so many homes here are worth a lot more than average.

Despite the high values and percentage of homes worth more than $500,000, there are still a lot of affordable homes available in this zip code. The median price for a home here is just over $300,000 which makes it relatively affordable compared to other areas around Orange County. Additionally, there are a number of new developments being built here that will likely increase the availability of affordable housing over time.