92692, Mission Viejo, CA

Mission Viejo is located in Orange County, California. According to the 2010 census, the population of Mission Viejo was 158,901. The median household income in Mission Viejo was $106,811. The median home value in Mission Viejo was $1,085,000.

According to Zillow’s Home Value Index for the 92692 zip code (which includes all of Mission Viejo), the median home value increased by 7% from January 2017 to January 2018. This is a higher increase than the national average of 5%. The increase in home values can be attributed to an influx of new residents and an increase in demand for housing due to an increasing economy and low interest rates.

Home equity is important because it provides homeowners with a cushion against unexpected expenses or financial setbacks. Home equity can also be used as a source of financing for other investments such as cars or homes outside of the area where one lives. Home prices are important because they reflect the value of a property and can influence decisions about whether or not to buy or sell a property.