93261, Richgrove, CA

The 93261 zip code of Richgrove, CA has a median home value of $447,500. This is higher than the California statewide median home value of $269,900. The Richgrove zip code also has a higher than average percentage of homes with a mortgage at 97%. This indicates that homeowners in this area are more likely to have a mortgage than those in other parts of the state.

There are several factors that may contribute to the high home values in the 93261 zip code. One reason may be that Richgrove is located in an affluent area. Another reason may be that there is a high demand for housing in this area due to its proximity to major cities such as Los Angeles and San Francisco. Additionally, Richgrove is located near many prestigious schools and colleges which could also contribute to the high demand for housing in this area.