92843, Garden Grove, CA

The Garden Grove zip code 92843 has a population of over 213,000 people and a median household income of over $75,000. The home equity in this zip code is over $1.2 billion, which is significantly higher than the national average of $146,000. The home prices in this zip code are also significantly higher than the national average, with homes selling for an average of $569,500.

One reason that the home equity in this zip code is so high is that there are a lot of affluent residents living in the area. Garden Grove is located in Orange County, which has one of the highest concentrations of millionaires in the United States. This abundance of wealth has led to an increase in home prices and home equity values throughout Orange County.

Another reason why the home equity in this zip code is so high is that there are a lot of expensive homes available for sale. There are plenty of luxury homes available for purchase in Garden Grove, as well as many starter homes that would be suitable for families looking to buy their first house. This abundance of options means that even if you don't have enough money to buy a luxury home right away, you can still find a great deal on a quality property if you're patient enough to look around.

Overall, it's clear that homeownership rates and home equity values are high in Garden Grove thanks to both its affluent population and wide selection of properties available for sale. If you're looking to buy or sell a property within this zip code, it's important to do your research and consult with an experienced real estate agent who can help you find the best deal possible