92883, Corona, CA

The home equity and home prices in the 92883 zip code of Corona, CA are very high. The median home value in this zip code is $527,000, which is more than double the statewide median home value of $205,000. The average home value in this zip code is also much higher than the California average of $269,500. 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. Corona is located just north of Los Angeles and has a population of over 200,000 people. This makes it a popular place to live and buy property. Additionally, many other major cities are close by as well including Riverside and Anaheim. These cities have a large population and lots of job opportunities, which means that people who live in these areas can earn a good income.

Another reason why the homes in this zip code are so valuable is because they are located near some great schools. Corona has several excellent schools including Canyon High School and Saint John Bosco High School. These schools provide excellent education for students and make it easier for them to find jobs after they graduate from high school. This means that there is a lot of demand for housing near these schools which drives up the prices for homes in this area.