93305, Bakersfield, CA

Home Equity and Home Prices in the 93305 Zip Code of Bakersfield, CA

There is no one answer to the question of how much home equity people have in their homes. It depends on a variety of factors, including the age of the home, its location, and the market conditions at the time. However, according to Zillow's recent report on home values in America's 100 largest metro areas, Bakersfield has a median home value of $191,200. This means that there is a fair amount of equity (or value) in homes in this zip code.

In addition to having a fair amount of equity in their homes, many people in this zip code are also able to sell them for a good price. According to Zillow's report on home values nationwide, Bakersfield has a median sale price of $269,500 – which puts it squarely within the top 20% for all metro areas across America. This indicates that there is plenty of demand for homes here – both from buyers who want to buy and from sellers who want to sell.

Overall, it seems that people in this zip code are doing well when it comes to their home equity and home prices. This makes it an attractive place to live – both for those who already own homes here and for those who are looking into buying them.