93283, Weldon, CA

Home Equity and Home Prices in the 93283 Zip Code of Weldon, CA

The Weldon zip code has a median home value of $224,000. This is significantly higher than the California median home value of $157,500. The zip code also has a high percentage of homeowners with equity in their homes. In fact, over two-thirds (68%) of households in the zip code have some form of equity in their homes. This high level of equity is likely due to the strong economy and low interest rates currently experienced by homeowners in this area.

Despite the high level of equity enjoyed by homeowners in this area, there are still a number of potential buyers who are interested in purchasing homes in this zip code. The average list price for homes currently for sale is $269,000 which indicates that there is still plenty of demand for properties within this area. Additionally, according to Zillow’s recent report on California housing markets, prices have increased 3% year-over-year which suggests that prices will continue to rise over time.