94028, Portola Valley, CA

Home Equity and Home Prices in the 94028 Zip Code of Portola Valley, CA

There is no doubt that home equity is one of the most important assets a person can have. It gives people the ability to borrow money against their homes, pay off debt, and invest for the future. In addition, home prices are often a good indicator of overall economic conditions in a given area.

According to Zillow, as of March 2018 the median home value in the 94028 zip code was $1,074,500. This is up from $898,100 as of March 2017. This indicates that there has been an increase in home values over this period of time.

However, it’s important to keep in mind that not all homes within this zip code are worth exactly $1 million. In fact, there are quite a few homes that are worth considerably less than that amount. So while it’s definitely true that home values have increased over the past year or two, it’s also important to remember that not everyone within this zip code can afford a $1 million home!

Overall then, it seems safe to say that there has been an increase in both home equity and home prices within the 94028 zip code over recent years. However, this doesn’t mean that everyone within this area can afford a house worth millions of dollars - which is something to keep in mind if you're thinking about buying or selling a property here!