92821, Brea, CA

The zip code of 92821 in Brea, California has a median home value of $527,500 and a median home equity value of $236,000. These values are significantly higher than the statewide median home value of $205,800 and statewide median home equity value of $213,200. The zip code also has a higher than average percentage of homes with a mortgage at 84%. This is likely due to the high demand for housing in Brea and its surrounding areas.

There are many factors that contribute to the high values in the 92821 zip code. One reason is that Brea is an affluent area with a high population density. This means there are more homes available for sale and buyers have more choices when it comes to purchasing a home. Additionally, Brea is located close to major cities such as Los Angeles and Orange County which adds to its appeal as a place to live. Finally, Brea has experienced strong economic growth over the past few years which has led to an increase in home prices.