94005, Brisbane, CA

The 94005 zip code of Brisbane, CA has a median home value of $269,000 and a median home equity value of $146,000. The city has a population of approximately 97,000 people and is located in the Inland Empire region of Southern California.

According to Zillow’s Home Value Index (HVI), the city has experienced moderate growth over the past five years. Between January 2013 and January 2017, the city’s HVI increased by 5.8%. This growth can be attributed to strong job market conditions and low interest rates.

Despite this growth, there are some concerns that have been raised about the state of the housing market in Brisbane. One issue is that many homes are being purchased by investors who are not intending on living in them or using them as their primary residence. This is causing prices to increase faster than average wages, which could lead to a bubble if not corrected soon.

Another issue is that there is an oversupply of homes in the area which could lead to prices dropping if more people decide to sell their homes instead of buying new ones. Additionally, many residents are concerned about traffic congestion and lack of affordable housing options near work areas.

Despite these concerns, it appears that Brisbane’s home values will continue to grow at a moderate rate for at least another year or two due to strong job market conditions and low interest rates