92865, Orange, CA

The home equity and home prices in the 92865 zip code of Orange, CA are very high. The median home value in this zip code is $1,049,000, which is more than triple the national median home value of $199,500. The average home value in this zip code is also much higher than the California statewide average of $472,500. This indicates that there are a lot of homes in this zip code that are worth a lot of money.

One reason why the homes in this zip code are so valuable is because they are located near some major cities. The closest city to this zip code is Anaheim Hills, which is about 10 miles away. Other nearby cities include Santa Ana and Irvine. These cities have a lot of people and businesses, which means that there is a lot of demand for housing here. Additionally, many people who live in this area commute to work in one of these cities or elsewhere within Orange County. Therefore, they are likely to have a higher income than people who live elsewhere in the county or who don't have jobs at all. This means that they can afford to buy more expensive homes than people who don't have as much money or who live closer to less populated areas.

Another factor that contributes to the high values of homes in this area is the fact that there isn't much competition for them. There aren't many other families living here with children or pets so it's not as common for houses to be sold quickly or for prices to drop significantly after being listed on the market for awhile (as tends to happen elsewhere). This makes it easier for buyers to get their hands on a house that they want and makes it more likely that they will be able to sell their house if they decide later on that they no longer want it or if their circumstances change and they need to move somewhere else quickly.