93534, Lancaster, CA

The Lancaster, CA 93534 zip code has a population of around 118,000 people and is located in the San Joaquin Valley. The median home value in this zip code is $269,000 which is considerably higher than the California statewide median home value of $217,500. This high home value may be attributable to several factors including the strong economy and low unemployment rates in the area. Additionally, many homes in this zip code are located in desirable neighborhoods which may also contribute to their high values.

Despite these positive factors, there are some potential risks associated with owning a home in the Lancaster 93534 zip code. For example, if interest rates increase or if the market crashes, homeowners could experience significant financial losses. Additionally, although Lancaster is generally a safe city, there have been reports of crime occurring in some areas of the city. If you are considering buying or selling a home in this zip code, it is important to consult with an experienced real estate agent who can help you assess your specific risks and find the best possible deal.