93665, South Dos Palos, CA

The 93665 zip code of South Dos Palos, CA has a median home value of $219,000 and a median home equity value of $144,000. The average home price in the 93665 zip code has increased by 10.5% over the past year. In addition, the average home equity loan amount in the 93665 zip code is $130,000. This indicates that most homeowners in the 93665 zip code are using their home equity to help finance their purchase or renovation projects.

The popularity of this area for purchasing and renovating homes is likely due to several factors. First, South Dos Palos is located within close proximity to major metropolitan areas such as Los Angeles and San Francisco. This means that there are a large number of potential buyers and sellers who are interested in purchasing or renovating homes in this area. Second, South Dos Palos has a relatively low unemployment rate (4%) which makes it easier for people to find jobs that can support a mortgage payment and other associated costs associated with owning a home. Finally, the average price per square foot for homes in the 93665 zip code is relatively high compared to other areas of California. This means that homeowners can typically afford to pay more for a home than they would if they were living in an area with lower prices per square foot.