94024, Los Altos, CA

The Los Altos zip code, 94024, has a population of around 27,000 people. The median household income in this zip code is $130,000. Home prices in the Los Altos zip code have increased significantly over the past few years. In March of 2016, the median home price was $1.2 million. As of September 2017, the median home price was $1.68 million. This represents an increase of 116% over the past three years!

One reason for this increase in home prices is that there are a lot of homes available for sale in the Los Altos zip code. There are also a lot of people who want to live in this area because it is very affluent and has a great quality of life. Another reason for the increase in home prices is that interest rates have been low for a long time and buyers have had to pay more for their homes than they would have otherwise paid.